Crude Oil Analyst

4 weeks ago

Regina, Canada Federated Co-operatives Limited Full time

What you’ll do

: Maintain models using Excel to track Natural Gas and Crude Oil market pricing as it relates to refinery operations Track physical movements of liquids throughout the Enbridge System, which more senior team members use to develop models to better predict any potential apportionment that could impact the Co-op Refinery Complex or the market in general. Provide assistance in maintaining Crude Oil and Natural Gas estimates that track purchases and sales on a monthly basis. In collaboration with more senior team members, provide weekly price estimates for the CRC Status report. Confirm pricing with third parties monthly to ensure that invoices are paid as per contracts. Track pricing, maintaining historical tracking model of West Texas Intermediate (WTI) and Crude Oil Differentials. Maintain and aid in Supply and Demand model for Crude Oil from Western Canada to accurately predict Supply/Demand and how it impacts price and apportionment. Maintain and update the CRC Crude Oil Delivery Schedule daily by performing detailed review and analysis of the Enbridge Swiftlink website information; revise injection and delivery dates and times of crude batches landing at the Complex; and communicate with CRC Pumper Operators as required to land crude deliveries in appropriate tanks. Document all deals in a timely and accurate manner, ensuring that all third-party contracts and confirmations are signed, filed, and returned to third parties as required.

Who you’ll work with:

The Team: You will work closely with a Senior Crude Oil Scheduler, Physical Commodity Trader, and will report into the Manager – Crude Oil Supply and Trading Supply and Distribution. This team strives to cultivate a culture of strategic, results-oriented, and business savvy.

Why it matters:

We fuel Western Canada. Our Refinery strives to be a recognized leader in safety, reliability and sustainability within the petroleum-refining industry.

Who you are:

You are looking for a career in Supply Chain and:

Have anywhere from 1-3 years of logistics or analytics experience. Experience in Crude Oil, Natural Gas or the Energy Industry is preferred. Have a University Degree, preferably in Business or Commerce (a combination of relevant education and experience may be considered). Are familiar with Microsoft office, with medium to advanced knowledge of Word, Excel and Power Point required.

What we offer:

Competitive salaries, short-term incentives, a comprehensive benefits package, and an employer-contributed pension plan. Encouragement to take advantage of learning opportunities to grow and develop as a Team Member. As a co-operative, we do business differently. We believe in working together to serve Western Canadians, delivering profits back to our communities and investing in sustainable growth.

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