Oil Supply Analyst at OPEC
Organization of the Petroleum Exporting Countries (OPEC) - We
coordinate and unify the petroleum policies of its Member Countries and
ensure the stabilization of oil markets in order to secure an
efficient, economic and regular supply of petroleum to consumers, a
steady income to producers and a fair return on capital for those
investing in the petroleum industry.
Opec is recruiting to fill the below position of:
Job Title: Oil Supply Analyst
Job Code: 4.3.04
Job Description;
Within the Research Division, the Petroleum Studies Department is
responsible for providing pertinent and reliable information and
analyses in support of decision-making and policy-making in Member
Countries. It carries out research programs and studies on short-term
petroleum market developments with the aim of issuing reports on a
regular, as well as ad-hoc basis, highlighting important issues for
their use and consideration. It conducts regular forecasts, elaborates
and analyzes oil market scenarios and prepares and publishes reports on
these findings. It promotes OPEC's views and technical analysis on
short-term oil market developments to the industry at large and the
general public via the OPEC Monthly Oil Market Report, as well as other
reports, presentations and related pod casts. And it prepares and
contributes to reports to be submitted to the Economic Commission Board,
the Board of Governors, the Ministerial Monitoring Sub-Committee, as
well as papers for various OPEC publications.
Job Objective;
The Oil Supply Analyst analyses and forecasts near to short-term
non-OPEC oil supply and coordinates and consolidates relevant analyses
and data, to calculate the Market Balance and the demand for OPEC crude
as well as to analyse rig counts and to follow OPEC production and
quota.
Job Responsibilities;
- Studies and analyses non-OPEC oil supply.
- Identifies and determines sources of data and information on non-OPEC oil supply and processes available data.
- Forecasts short-term, non-OPEC supply.
- Studies and analyses excess capacity on OPEC Member Countries and its impact on the oil market.
- Monitors world rig count.
- Consolidates findings of the above analyses and prepares reports, to be included in the Monthly Oil Market Report, as well as in the reports and presentations to the Economic Commission Board and Board of Governors.
Job Requirements;
- University degree (advanced degree preferred) in Petroleum Engineering or Economics
- A minimum of eight years (six years in case of an advanced degree)
- Training/specialization in modelling, near to short term non-OPEC oil supply model, designing and running using spread sheets / oil field development / discounted cash flow procedures in oil sector / development contracts
Competencies;
Communication skills, analytical skills, presentation skills,
interpersonal skills, customer service orientation, initiative and
integrity
Language: English
Applicants must be nationals of Member Countries of OPEC and should not be older than 58 years.
Remuneration;
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.
Method of Application;
Interested and qualified candidates should fill in a resume and an
application form which can be received from their Country's Governor for
OPEC. Interested Applicants should click here to apply online and get the contact details of your Country's Governor
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