OPEC Recruitment 2018/2019 Application Form is Out | Apply Now

OPEC Recruitment 2018/2019 Application Form is Out. Applicants must be nationals of Member Countries of OPEC and should not be older than 58 years. Applicants are requested to fill in a résumé and an application form which can be received from their Country’s Governor for OPEC. The OPEC 2018 Vacancies is Open to All OPEC  Nationalities · Internships · Visiting Research Fellow Programme 2018 · Home Employment Vacancies – OPEC Nationals. Vacancies – OPEC Nationals. Oil Price Analyst. Deadline: 28 February 2018 – Job Code: 4.3.02. Energy Demand Analyst. Deadline: 3 March 2018

OPEC are recruiting to fill the following positions below:

1.) Oil Price Analyst

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2.) Energy Demand Analyst

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3.) Petroleum Industry Analyst

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Objective of Position:

To study and analyse determinants of oil prices and price differentials between grades of crude oil as well as different market crude spreads with potential arbitrage flows and to analyse factors affecting petroleum future markets and their interaction with spot prices; to forecast short- and medium oil price movements and – on the basis of forecasts of oil demand and supply as well as current stock movements – to undertake market assessments under different scenarios and report thereon.
Main Responsibilities:

  1. Consolidates analytical findings and prepares, coordinates and contributes to reports for submission to the Governing Bodies (primarily Economic Commission Board) and for issuance in the Daily, Weekly and Monthly Reports as well as for presentations in various forums.
  2. Carries out the Market Assessment for submission to the Governing Bodies (Board of Governors, Economic Commission Board, etc.).
  3. Analyses the price performance of different grades of crudes in the international oil market and identifies significant changes in price differentials.
  4. Studies and analyses crude oil pricing policies of oil exporting countries.
  5. Studies and analyses price developments in future markets, identifies prices levels and differentials in relation to spot markets.
  6. Follows up on the performance of the OPEC Reference Basket in relation to major benchmarks.
  7. Carries out further in-depth analyses and applies quantitative methods on oil market price movements.
  8. Analyses key factors which have an impact on oil prices, primarily in major consuming countries.

Required Competencies and Qualifications:

Education:

  • University degree in Economics, Petroleum Economics, Marketing, Engineering or related fields;
  • Advanced degree preferred

Work Experience:

  • 8 years in the oil industry sector
  • 6 years in case of advanced degree

Training/specializations:

  • Physical and future markets
  • Supply/demand fundamentals
  • Economics in the petroleum industry
  • Trading tools
  • Oil market and its fundamentals, in particular combination of all key factors influencing the oil market/prices

Competencies:

  • Communication skills
  • Analytical skills
  • Presentation skills
  • Interpersonal skills
  • Customer service orientation
  • Initiative and integrity

Language: English
Status and Benefits:

Members of the Secretariat are international employees whose responsibilities are not national but exclusively international. In carrying out their functions they have to demonstrate the personal qualities expected of international employees such as integrity, independence and impartiality.

The post is at grade E reporting to the Head of Petroleum Studies Department. The compensation package, including expatriate benefits, is commensurate with the level of the post.
Applications:

Applicants must be nationals of Member Countries of OPEC and should not be older than 58 years.

Applicants are requested to fill in an application form which can be downloaded from the OPEC website.

In order for applications to be considered, they must reach the OPEC Secretariat through the relevant Governor not later than 28 September, 2018.

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