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Pricing Specialist

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Posted: 30 Apr 2008
Location: Saudi Arabia
Serve as advisor to Corporate Management and other company organizations on oil pricing issues encompassing the following

1. Market assessment and crude pricing recommendation

2. Developing and maintaining refinery economics models

3. Development of long-term crude, gas and products price forecasts

4. Provide analysis, evaluation and interpretation in support of projects, processes and financing areas related to Saudi Aramco capital investment decisions in the petrochemicals & refining sectors


1. Bachelor s Degree in Engineering, Economics, Business Administration, Accounting, Financial Management or closely related specialty with an MBA or PhD and 15 years in petroleum or other related industry

2. 15 years experience in the petroleum industry, including at least 5 years in operations activities. Some supervisory experienced is preferred.

3. 5 yeas experience with liner programming models for refinery and /or petrochemical plant optimization. Expertise with PIMS Models a plus as is knowledge of Relational Database Management Systems

4. Proven ability to handle complex, planning-related problems in a rigorous, analytical fashion. Incumbent will have achieved recognition as an expert.

5. Thorough understanding of economic and business factors related to the petroleum industry. Experience in crude oil and products trading

6. Sound knowledge of techniques used in evaluating investment decisions.

7. Demonstrated ability to interface with senior management with excellent written and oral skills.

8. Must be able to work with minimum supervision on relatively unstructured tasks.


Duties and responsibilities

1. Provides expert advice and guidance on oil / products markets and pricing issues to senior planning and analytical personnel and to Executive and Corporate Management.

2. Regular follow up on oil, gas products markets developments as well as maintain and expand contacts within the industry on these areas.

3. Participates in monthly crude price analysis required to assist the decision on Saudi Aramco crude price offsets.

4. Provide expert judgment, by way of thorough analyses, on ad hoc queries from management on oil market issues

5. Report on issues that are relevant to Saudi Aramco s downstream sales & marketing and other downstream activities based on market intelligence

6. Assist in the maintenance and enhancement of Saudi Aramco s refinery models used for crude price evaluation

7. Assist in the training, development and mentoring of younger staff members in area of expertise.

Contact Information:

Please mention Misco Jobs when applying to this position.
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