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Oil Market Reporter, Residual Fuels
Oil Market Reporter, Residual Fuels-May 2024
London
May 24, 2025
About Oil Market Reporter, Residual Fuels

  About the Role:

  Grade Level (for internal use):

  09

  The Role : The Oil Market Reporter (Grade 9) is a market reporter who takes responsibility for day-to-day news reporting and price assessments covering oil markets in Europe and Africa. More experienced reporters will also be considered, with a potential for a commensurate grade (10) available. This position sits within the Residual Fuels team, which covers key benchmarks in the busy shipping fuels market, currently grappling with the challenges and opportunities of the energy transition, and refinery feedstocks.

  The Impact : The Reporter in this position is responsible for every aspect of market reporting, including the collection and publication of primary market information, running a price assessment process, reporting market-related news, writing commentary and analysis, contributing to methodology development and engaging with market sources from across the trading community.

  The Career Opportunity: Excellent career growth potential within the team.

  The Business: At S&P Global Commodity Insights, the premier source of commodities intelligence, the content you generate and the relationships you build are essential to the energy, petrochemicals, metals and agricultural markets.

  Your Skills : Strong numerical skills; Strong writing skills; Strong interpersonal & communication skills; Ability to perform well with tight deadlines. Experience of relevant reporting or analytical experience desirable.

  Accountabilities:

  Assess markets:

  The market reporter in this position assesses the value of oil markets, accurately and fully in line with our rigorous and well-known methodology. The market reporter will survey market participants throughout the day; publish price updates through the day, especially all information that might be used in assessing value; run an intensive one-hour or so window period from at the end of the assessment day; demonstrate a thorough understanding of Platts' methodology; be rigorous when using mathematics and excel spreadsheets; demonstrate ability to do a full set of assessments without the aid of a spreadsheet; and ensure our methodology for market is up to date.

  Write high-quality market commentaries:

  The market reporter is responsible for writing daily commentaries associated with their assessments. The commentaries are intended to help our readers better understand what is happening in the market, and to better understand how we have arrived at our assessments on that particular day. The reporter should file commentaries as news stories before midday if markets are volatile or unusually interesting; avoid repetitive and formulaic commentaries, where the same structures and phrases are used every day; closely monitor relevant inter-product and inter-region spreads; and ensure commentaries meet our editorial standards for writing and reporting.

  Report news about the markets:

  The market reporter is responsible for reporting news and analysis relating to their market. The news should help our readers understand developments in the marketplace, whether the readers are traders, analysts, government regulators, working in the supply chain, or in another walk of life. Relevant stories include news about supply and demand developments, government data, new developments in regulations, trader movement news, general analysis of price trends, and other relevant topics. The market reporter should provide a good blend of standard news reporting—the news that needs to be done—with creative "enterprise" reporting that generates original reporting for S&P Global Platts; file a reasonable quantity of stories relevant to their markets while prizing the quality and originality of news reports over sheer quantity alone; regularly file stories before lunchtime; work closely with the news desk, the Managing Editor, and others to identify and write good news stories; demonstrate a strong sense of what news our readers want to see, and be a vocal contributor to regular news meetings with the team.

  Engage with the industry:

  The market reporter is responsible for engaging with market sources around the region, including those who are not regularly in the Market-on-Close assessment process. Excellent engagement helps ensure we are close to market developments, methodology development is strong, story writing is creative, and that channels of communication are established and open with market sources. The market reporter should find and nurture new market sources; maintain a good relationship with existing sources; ensure source lists are up to date and stored on the network in line with our Editorial Standard for source maintenance; send summaries of meetings to manager and immediate colleagues; avoid an over-reliance on Instant Messaging; try to talk to each source at least once a week; organise regular in-person meetings with sources (lunch/coffee/office); handle complaints in line with Editorial Standard for complaints management

  Other Required Accountabilities:

  •Meet deadlines: In the office by 9.30am London time; Publish assessments by 6.30pm; Publish commentaries by 7.00pm.

  •Meet Platts’ editorial standards: Ensure all methodology initiatives are managed through Appian

  •Meet Platts’ editorial standards: Follow house reporting style

  •Meet Platts’ editorial standards: Correct less than 0.25% of assessments published

  •Meet Platts’ editorial standards: Handle enquiries and complaints effectively

  Essential Skills:

  ••Strong numerical skills

  ••Strong writing skills

  ••Strong interpersonal & communication skills

  ••Ability to perform well with tight deadlines

  ••Experience of relevant reporting or analytical experience desirable (new graduates will be considered with appropriate skills training)

  About S&P Global Commodity Insights

  At S&P Global Commodity Insights, our complete view of global energy and commodities markets enables our customers to make decisions with conviction and create long-term, sustainable value.

  We’re a trusted connector that brings together thought leaders, market participants, governments, and regulators to co-create solutions that lead to progress. Vital to navigating Energy Transition, S&P Global Commodity Insights’ coverage includes oil and gas, power, chemicals, metals, agriculture and shipping.

  S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today.

  For more information, visit http://www.spglobal.com/commodity-insights .

  What’s In It For You?

  Our Purpose:

  Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.

  Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.

  Our People:

  We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

  From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.

  Our Values:

  Integrity, Discovery, Partnership

  At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

  Benefits:

  We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

  Our benefits include:

  Health & Wellness: Health care coverage designed for the mind and body.

  Flexible Downtime: Generous time off helps keep you energized for your time on.

  Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.

  Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

  Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

  Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

  For more information on benefits by country visit: https://www.spglobal.com/en/careers/our-culture/

  Diversity, Equity, and Inclusion at S&P Global:

  At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn’t stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.

  


Equal Opportunity Employer

  S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.

  If you need an accommodation during the application process due to a disability, please send an email to:  [email protected]  and your request will be forwarded to the appropriate person. 

  US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf   describes discrimination protections under federal law.

  


20 - Professional (EEO-2 Job Categories-United States of America), EDTGRP202.1 - Middle Professional Tier I (EEO Job Group)

  Job ID: 296689

  Posted On: 2024-01-15

  Location: London, United Kingdom

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