Sr USGC Distillates Trader

Req ID: 470457 

BASIC PURPOSE: Musket Corporation is seeking a highly motivated Distillates Trader to manage and execute trading activities across the U.S. Gulf Coast. This is a high-impact trading role focused on the USGC distillates market, requiring a deep understanding of component economics, blending optimization, and market fundamentals to drive profitable strategies. The position is highly strategic and margin-driven—sitting at the intersection of spec compliance, value arbitrage across blend components, and export market dynamics.

MAJOR RESPONSIBILITIES:

• Develop and execute middle distillates trading strategies, with a focus on optimizing blending, storage, and arbitrage opportunities across the USGC.
• Trade ULSD, jet fuel, and heating oil grades, identifying pricing dislocations, export opportunities, and pipeline arbitrage across key systems (e.g., Colonial, Magellan).
• Analyze and act on price differentials between blend components such as straight-run distillates, cracked stocks, kerosene, renewable components, and additives.
• Manage exposure to the USGC export market, optimizing cargo flows into Latin America and other global destinations based on pricing, specs, and vessel economics.
• Partner closely with analytics, chartering, scheduling, and operations teams to evaluate blending economics, trade feasibility, and optimal delivery timing.
• Monitor supply and demand fundamentals, regional inventory shifts, crack spreads, seasonal trends, and market-moving regulatory developments (e.g., EPA regulations, RINs/RD impact).
• Build and maintain strong commercial relationships with refiners, counterparties, terminal operators, and third-party logistics providers to source and place barrels competitively.
• Leverage trading systems and market data to inform pricing decisions, structure forward curves, and support blend optimization and trade modeling.
• Ensure compliance and risk controls are met in alignment with company policy and applicable regulations (CFTC, ICE, NYMEX, etc.).
• Other duties assigned as needed.

EDUCATION AND EXPERIENCE:

Education:

• High school Diploma or equivalent required

• Bachelor’s degree in Business, Economics, Finance, Engineering, or a related field

Experience:

• 5+ years of relevant experience trading middle distillates in physical and/or paper markets, with a focus on the U.S. Gulf Coast.
• Deep understanding of component blending economics and distillate specifications.
• Proven track record of generating trading P&L and managing exposure across multiple channels (domestic, pipeline, barge, export).
• Familiarity with USGC infrastructure including pipeline systems (Colonial, Explorer, Magellan), terminals, and storage assets.
• Solid knowledge of global distillate flows, export pricing mechanisms, and freight fundamentals.
• Strong analytical, commercial, and relationship-building skills.

SKILLS AND PHYSICAL DEMANDS:

Skills:

• Proficient with Microsoft Office products suite, and ability to learn new software applications and computer programs.
• Build & sustain relationships using appropriate interpersonal skills and communication methods to build constructive relationships with customers, business units, service organizations and other stakeholders to meet shared goals and objectives.
• Contribute to the team’s success by demonstrating cooperation and collaboration while participating in a group or team environment.
• Entrepreneurial mindset with a strong drive for performance and innovation.
• Results driven focus with the goal and ability to harness others’ energy to drive toward goal alignment which meets or exceeds expectations.

Typical Physical Demands: 

• Requires prolonged sitting, some bending and stooping
• Occasional lifting up to 25 pounds
• Manual dexterity sufficient to operate a computer keyboard and calculator
• Requires normal range of hearing and vision

Job Function(s): Corporate 

Love’s has been fueling customers’ journeys since 1964. Innovation and perseverance continue to lead the way for the family-owned and -operated business headquartered in Oklahoma City with more than 40,000 team members in North America and Europe. The company’s core business is travel stops and convenience stores with more than 630 locations in 42 states. Love’s continues its commitment to offer products and services that provide value for professional drivers, fleets, four-wheel customers, RVers, alternative fuel and wholesale fuel customers. Giving back to communities Love’s serves and maintaining an inclusive and diverse workplace are hallmarks of the company’s award-winning culture.

The Love’s Family of Companies includes:

• Gemini Motor Transport, one of the industry’s safest trucking fleets.
• Speedco and Love’s Truck Care, the largest oil change and preventive maintenance and total truck care network.
• Musket, a rapidly growing, Houston-based commodities supplier and trader.
• Trillium, a Houston-based alternative fuels expert.
• TVC Pro-driver, a commercial driver’s license (CDL) protection subscription service.