MarketsJul 2025–Aug 2025LondonWork
ExxonMobil
Commodities Trading Summer Placement
Context
I wanted to know more about what really goes on in a commodities shop, so I cold-emailed a crude originator.
My role
Rotated around teams in the front and middle office.
What I did
- 01Contributed pricing inputs, cash-flow analysis and counterparty credit checks to the structuring of a crude-backed loan funding offshore drilling near Venezuela.
- 02Tracked geopolitical drivers, time-spreads, cracks, freight and FX with the LPG and naphtha analysts.
- 03Learned how desk risk limits are monitored and how P&L is attributed.
- 04Studied hedging with futures and swaps, and optimisation around logistics and storage.
- 05Built a dashboard for physical-flow calculations.
Outcome
A new love for optimising systems and coming up with trade ideas.
Tools
- Excel
- Credit analysis
- Futures & swaps
- Dashboards