Duncan M.

Trader Petroleum distillates and consultant

Geneva, Geneva, Switzerland

About

Summary As a results oriented and motivated professional in petroleum middle distillate oil trading, I have gained some extensive skills and a proven track record in physical and financial trading, price quote preparation and product procurement, cost analysis, relationship building, and customer service. I thrive in a fast paced and tense multi-tasking environment, am a self-directed avid team player, skilled in effectively communicating with senior management, colleagues, ext. customers and other internal departments (scheduling and operations, credit, deal confirmations, accounting, and contract administration). I am proficient in utilizing computer systems and programs essential to trading, scheduling, and accounting as well as Windows based applications (Mcs. Word, Excel, and PowerPoint)

Experience

  • Trader Petroleum distillates and consultant at A Petrochemical Trading company in Petroleum distilates
    Feb 2002 - Present · 24 yrs 6 mos

    Motivation & goal P1: I am a physical ass. fuel trader for a major oil trading organizations which name I will not disclose at this time. Although success full, with a portfolio of potential buying customers and clients, I am currently (without my current employer being aware) looking for a genuine supplier of petroleum middle distillates. The reason is that, being involved in the oil market, I have had firsthand experience with the astronomical sums of money changing hands and being transferred, unbelievable profits being gained by the company I work for. Before I begin, I have to say in all honesty, that I generate a good income to say the least. Unfortunately, my ambitions reach higher as you can read below. I would like to make a shift towards the brokering end of the business where facilitating the closing of an actual deal between my clients and a genuine petroleum distillates supplier, would become a reality. Being able to actually close a deal in terms of procuring middle distillate needs and presenting genuine delivery possibilities to my personal longtime client buyers, an actual supplier of goods needs to be in place. Since I am in the fortunate position to know my buying clients in person, their financial ability and their past level of performance, I now have to try to locate a genuine supplier of the following Petroleum distillates, i.e. : premium Jet Fuels, A1 (and its deriv.),TS1, JP-8, JP-54 (Colonial Pipeline Code: 54 grade, F-Point 108 degr.Fahrenheit, max.sulfur content 0.3%), Gas Oil (D2) L-0.2-62, Naphtha. I prefer to start with spot offer - to test both sides ability- from which, after successful conclusion, long term deliveries can be constituted. My client buyer (major) prefers major procedures, but the finalization and details of the contract will of course be discussed between my client buyer and the actual supplier (read owner of the goods, not someone pretending to be ....)

  • Trader Petroleum distillates and consultant at Petro Tr Comp
    Feb 2002 - Present · 24 yrs 6 mos

    Part 2:continuing... A few key features which ANYONE CONTACTING ME needs to keep in mind: - no trading deal is the same and "trust between the decision makers c.q. principals involved, is everything"; - In contrariety to popular belief: if you are a facilitator, do not believe that you are going to make Mil'$ just by sending details of a potential client, but the benefits received will still be substantial to say the least, when a deal is 'landed'. And please, do not ask for commissions upfront. Rather let the principals involved, grant you a small fee, instead of being greedy and asking for unrealistic percentages. The money earned is still very good; - initial exchange of corporate information between parties (and to its typical business regulators) is paramount and needs to take place BEFORE any other way forward in the process, is possible; - An initial quote on possible petroleum refined product delivery (to initially test the waters) is fine, but understand that an official quote or offer CAN ONLY BE MADE and presented by the owner of goods to the actual buyer or their officially registered legal representative (if any such party at all); - Direct contact between principals involved is mandatory, no privileged information thru broker chains will be given by ANY professional oil trading organizations; - Details of the contract ( procedures, delivery/ lift able schedule, payment terms/instructions, Q88 information and Surveyor details, Q&Q etc.) will be negotiated by the principals involved and not by ANYONE else; - In addition, do not bother me either with non existing fraudulent paperwork like, upfront FA, NCND, ICPO, bank endorsed ... etc. etc.) Anyone being anything in this business understands that majors do not work this way. If you cannot, or unwilling to be in compliance with the above, then please refrain yourself from ever contacting me. You will save me a lot of time, and time is something I have unfortunate, insufficiently...

  • Trader Petroleum distillates and consultant at Petro Tr Co
    Feb 2002 - Present · 24 yrs 6 mos

    Motivation PART 3: continuing .... If you however, after having read the above and understand what is being said to you, and required from you, and you have in fact a potential candidate supplier, then feel free to contact me. Due to my background and knowledge in the oil trading business it is my goal to become financially independent thru closing such deals so that enough financial backup can be generated in order for me to start my own trading company. I have direct contact with my client buyer´s, there is no one else in between. As a matter of fact it has been suggested as such by one of my client´s to start moving in this direction. I can, for possible and potential, hazardous exposure purposes, unfortunately not address any of my supplying clients. Therefore, any genuine supplier, its trade desk or its official legal representative or office is welcome to contact me. For all intents and purposes, all our communication will be held under strictest of confidence.

  • Trader Petroleum distillates and consultant at Petrochemical Trading company in Petroleum distilates
    Feb 2001 - Jan 2013 · 12 yrs

    Some background experience: •more than 10 years of risk management and trading experience for some of the world’s major companies, including trading companies, investment banks, non-regulated trading parties, and petroleum majors; •both experience as a physical and financial trader in the Oil trading markets; •active as assistant Trader on both global and domestic basis across portfolios comprised of physical and financial Petroleum and Petro-chemicals and as an advisory counselling on transaction specific engagements; •practical knowledge in the design and implementation of customized trading solutions in integrated Petroleum derivative portfolios, as well as transactional structuring for physical assets with and without embedded derivatives. •experience in asset optimization arena for hard energy assets and have an in-depth, practical knowledge of complex derivative structures across multi-layered portfolios in the energy sector, including equity and debt structures. •practical knowledge in Hedge Funds, and physical petroleum middle distillate markets and some experience in private litigation. •price quote preparation and contract administration