Crude Trader

Equinor

$110K — $130K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in commerce, engineering, or related fields.
  • 5+ years of relevant crude trading experience, particularly in physical crude flows.
  • Strong understanding of Canadian and US onshore crude market fundamentals.
  • In-depth knowledge of commodity transaction risks and risk management.
  • Familiarity with analytical tools and digital modeling skills.
  • Comprehensive grasp of transportation, logistics, and balancing mechanisms
  • Expertise in derivative instruments, including futures and swaps.

Responsibilities

  • Contribute to physical trading of Canadian crude across US and Canadian markets as the primary market expert.
  • Identify and develop business opportunities aligned with the company's crude strategy.
  • Manage daily physical trading and risk-management coordination across US and Canadian markets.
  • Execute trading and hedging strategies based on thorough market analysis in collaboration with lead traders.
  • Collaborate with cross-functional teams to refine market views and trading plans.

Benefits

  • Comprehensive benefits package including competitive salary.
  • Global parental leave and bonus scheme available.
  • Pension plan for financial security.
  • Opportunities for career development across various disciplines.
  • Flexible work arrangements to support work-life balance.
  • Inclusive culture that values diversity and belonging.
Full Job Description
Important! To make sure your application is considered, please submit it before the end of the day on (dd.mm.yyyy):
03.09.2026
We encourage candidates to apply as soon as possible.

What does the job involve?
The Crude Trader will be part of Equinor's Calgary based crude trading team and will be responsible for managing the company's physical trading activity in Canadian crude grades in Canada and the U.S., as well as related terminal and pipeline positions.

The position requires close cooperation with Equinor traders in Calgary and Houston, both in market discussions and in ensuring optimal trading strategies.

What will my tasks be?

Within this position, your key tasks will be to:

  • Contribute to the company's trading activities, with a focus on physical trading of Canadian crude grades in onshore US and Canadian markets, serving as the primary market expert and representing Equinor alongside other traders.
  • Identify and mature business opportunities across commodities and assets in alignment with the company's crude strategy.
  • Manage daily physical trading across US and Canadian markets, as well as terminal and pipeline positions, including risk-management coordination physical and paper activities and execution of trading activities within Equinor's crude trading framework.
  • Develop and execute trading and hedging strategies based on comprehensive market analysis to optimize commercial outcomes within risk mandates, in close collaboration with lead traders.
  • Collaborate with cross-functional teams, including Operations and Risk, and actively contribute to local and global discussions to refine market views and trading plans.


Here's what we expect from you:

At Equinor, there are some overall qualities we regard as essential. We want you to identify with the values that guide our decisions and help us succeed and grow: open, collaborative, courageous and caring. We expect you to make safety your priority and to contribute to our zero-harm culture. And for this specific position, we are also looking for:

  • Bachelor's degree in commerce or engineering, or correlated fields.
  • 5+ years of relevant crude trading experience, with a strong background in physical crude flows.
  • Expertise in Canadian and US onshore crude market fundamentals, including supply and demand, crude qualities, oil transportation, storage and blending.
  • In-depth understanding of the risks involved in commodity transactions and related risk management, including operational safety.
  • Expertise with analytical tools and digital skillsets for modeling is highly desirable.
  • Comprehensive understanding of underlying transportation, logistics, and balancing mechanisms.
  • Thorough expertise in relevant derivative instruments, including futures and swaps.
  • Extensive knowledge of price concepts and structures, hedging implementation, contractual constraints, and legal frameworks.
  • Strong emphasis on teamwork and the ability to work effectively as part of a team.


What can we offer you?

We want you to have a rewarding and fulfilling work life. That's why we offer:

Not just a job - a career

In Equinor, your development begins on day one. You will build your competence through a wide range of learning activities while being empowered to build your career across multiple disciplines and geographies. Our internal job market allows a wide range of opportunities for development and growth within your own field, or even in other areas you find interesting and relevant.

Attractive rewards

We give you a comprehensive benefits package with a competitive salary, global parental leave, bonus scheme and pension plan.

Wellness and work-life balance

We care about and prioritise our employees' well-being. We know that for you to be the best version of yourself in the workplace, being able to collect your children, attend a class or simply enjoy social time can be invaluable. That's why we encourage you to make use of our flexible work arrangements wherever possible.

An inclusive culture

We believe embracing our differences makes us stronger. For us, true inclusion means being able to bring your whole self to work, and for you and everyone else to feel accepted and valued.

Similar Jobs

  • Royal Bank of Canada
    Investment Advisor
    $80K — $120K *
    Royal Bank of Canada
    Calgary, AB T1Y 7M8
  • Royal Bank of Canada
    Investment Advisor
    $80K — $120K *
    Royal Bank of Canada
    Calgary, AB T1Y 7M8
  • HollyFrontier Corporation
    Crude Oil Trader
    $90K — $130K *
    HollyFrontier Corporation
    Calgary, AB T1Y 7M8
  • Royal Bank of Canada
    Investment Advisor
    $80K — $120K *
    Royal Bank of Canada
    Calgary, AB T1Y 7M8
  • Investment Advisor
    $60K — $120K *
    Ventum Financial Corp.
    Calgary, AB T1Y 7M8

More Jobs at Equinor

  • Crude Trader
    $110K — $130K *
    Calgary, AB T1Y 7M8
    Energy & Utilities
    In-Person

More Energy & Utilities Jobs

Find similar Crude Trader jobs: