Market Analyst, Heavy Oils

Phillips 66 & YOU - Together we can fuel the future

The Market Analyst, Heavy Oils provides commodity market fundamentals, short / medium term supply / demand analysis, and trader support for the US Heavy Oils supply and trading functions. The analyst will also develop product flow and arbitrage models. In addition, this position will support ad hoc requests from Commercial Senior Management, Commercial groups, Chief Economist, and Investor Relations.

Responsibilities May Include

Developing a comprehensive understanding of commodity trading, including key supply / demand regions, logistics assets, storage facilities, and financial instruments used to hedge positions in these markets. An understanding of key trading strategies is crucial for success.

Communicating market fundamentals and trading strategies to Commercial leadership

Understanding key trading positions and supporting the analytical team’s work

Development and maintenance of near / medium-term (prompt to 2 years out) supply and demand models. This will involve working closely with trading to understand the market and trends, incorporating downtime, seasonal cycles, and macroeconomic variables while utilizing import / export data to ensure the models are accurate and accepted by trading. Identify market anomalies and communicate to trading on what physical market and forward market changes might occur.

Use fundamental and technical data to develop forward market view predictive models.

Working with third party consultants and brokers to understand and evaluate their views on commodity markets and factor those into development of Phillips 66’s market view.

Communicating external study results and market views to assist traders with successful implementation of trading tactics.

Understanding and communicating geopolitical and regulatory events / factors which impact price movements.

Leading information gathering process and development of presentation packages as needed.

Sharing knowledge freely and improving peer group understanding of own niche markets.

Leading ad-hoc projects and analysis around market fundamentals (including infrastructure changes) to support trade ideas.

Required Qualifications

Legally authorized to work in the job posting country

Bachelor’s degree

Proficient in Microsoft Excel, Word, and PowerPoint

3 or more years commercial / trading or related experience in the energy industry

Preferred Qualifications

Bachelor’s degree in engineering, finance, economics, or agriculture

3 or more years’ experience in Heavy Oils markets

3 or more years’ experience with market analysis

3 or more years’ experience in a trading environment

Some experience with business development projects

Familiarity with environmental regulatory programs

Knowledge of Commercial trading businesses

Knowledge of global commodity trading

Refining / petrochemical knowledge

High degree of collaborative skills

Ability to develop, lead and actively participate on cross functional teams

Strong willingness and ability to support internal customers in business requirements

High degree of initiative, works proactively to anticipate needs

Excellent written and oral communication, inter-personal and presentation skills

High degree of collaborative skills; ability to develop, lead and actively participate on teams

Ability to manage conflict, influence others and persuade / facilitate resolution

Proficiency with statistical modeling software, database software, and economic modeling

Proficient in SQL, Python, and / or R

Strong analytical, problem solving, and organizational skills

Strong ability to manage multiple projects simultaneously

Capable of gaining consensus and trust across multiple functional areas within and external to Commercial to build a common vision and direction

Ability to adapt to quickly evolving requirements

Ability to synthesize data into useful information and clearly articulate it

Proactive in problem identification and resolution providing creative solutions to complex issues

Strong ethics, personal drive and dedication to achieve team and general interest objectives

The Commercial organization works to effectively leverage assets and market knowledge to create additional value within the risk parameters of the Company. We do this by maximizing general interest profitability, enhancing return on capital employed by successfully partnering with the Refining, Transportation and Marketing functions to ensure Value Chain Integration. Our truck and rail fleets support our feedstock and distribution operations. Rail movements are provided via a fleet of more than 10,000 owned and leased rail cars. Truck movements are provided through numerous third-party trucking companies, as well as through our 100 percent-owned subsidiary, Sentinel Transportation LLC.

Total Rewards

At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being — physical, emotional, social, and financial — is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results — personally and professionally. Benefits for certain eligible, full-time employees include :

Annual Variable Cash Incentive Program (VCIP) bonus

8% 401k company match

Cash Balance Account pension

Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP

Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services

Learn more about Phillips 66 Total Rewards () .

Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. We have been recognized by the Human Rights Campaign, U.S. Department of Labor and the Military Times for our continued commitment to inclusive practices and policies in the hiring and retention of those in the LGBTQ community and military veterans. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors : We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence.

Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow, by visiting phillips66.com.

To be considered :

In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of 01 / 27 / 2025 .

Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.

Phillips 66 is an EEO and Affirmative Action Employer of Women / Minorities / Veterans / Individuals with Disabilities