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Oil Market Reporter, Residual Fuels

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  • Job
    Full-time
    Entry Level
  • Business, Operations & Strategy
    Data
  • London

Requirements

  • 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.
  • 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)

Responsibilities

  • 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
  • Follow house reporting style
  • Correct less than 0.25% of assessments published
  • Handle enquiries and complaints effectively

Finance
Industry
10,001+
Employees

Mission & Purpose

S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through sustainability and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world. We are widely sought after by many of the world’s leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world’s leading organizations plan for tomorrow, today. For more information, visit www.spglobal.com. Our divisions include: – S&P Global Market Intelligence partners with customers to broaden their perspective and operate with confidence by bringing them leading data sources and technologies that embed insight in their daily work. – S&P Global Ratings offers critical insights for credit, risk and sustainable finance solutions that are essential to translating complexity into clarity, so market participants can uncover opportunities. – S&P Global Commodity Insights enables organizations to create long-term, sustainable value with data and insights for a complete view on the global energy and commodities markets. – S&P Global Mobility turns invaluable insights captured from automotive data to help our clients understand today’s market, reach more customers, and shape the future of automotive mobility. – S&P Dow Jones Indices provides iconic and innovative index solutions, bringing transparency to global capital markets. – S&P Global Engineering Solutions solves for tomorrow’s challenges today by transforming workflows and end-user experiences with data, insights and technology.