Crude Market Research Sr. Advisor II

About the role

The Crude Market Research Sr. Advisor II is a high-impact front-office role integral to the success of the crude trading team at Phillips 66. This role provides market fundamentals, short- and medium-term supply/demand analysis, and trader support for the crude supply and trading function primarily in North America, with links to the wider global region. The successful candidate will collaborate with lead market strategists, regional analysts, and trading teams to develop and maintain models and balances that create short-term tradable insights and longer-term strategic insights.

Responsibilities

• Understand key trading opportunities for North America’s crude trading group and suggest/evaluate additional analysis to ensure all aspects of an opportunity are understood.
• Develop and maintain supply and demand models by working closely with trading to understand market trends, incorporate downtime, seasonal cycles, macroeconomic variables, and import/export data to ensure model accuracy and acceptance by trading.
• Identify market anomalies and communicate to trading what physical market and forward market changes might occur.
• Provide market analytical support for Commercial using supply and demand modeling, arbitrage modeling, and macroeconomic data to develop a medium-term (6–12 months) view of the market.
• Draw on fundamental and technical data to develop forward-view predictive models.
• Work with Commercial Data Science to create econometric analysis and models.
• Stay abreast of external market analyst views and incorporate these into internal fundamental analysis to create a competitive edge versus external views.
• Understand and communicate geopolitical and regulatory events/factors that impact price movements.
• Maintain and improve existing arbitrage models.
• Aid the information-gathering process and development of presentation packages as needed.
• Share knowledge freely and improve peer-group understanding of niche markets.
• Drive improvement of existing forecast models.
• Lead ad-hoc projects and analysis around market fundamentals, including infrastructure changes, to support trade ideas.
• Support development and organization of analyst presentation materials for periodic global trader meetings held throughout the year.

Requirements

• Legally authorized to work in the United States.
• Bachelor’s degree or higher.
• 5 or more years of commercial/trading or related experience in the energy industry.
• Exposure to advanced quantitative platforms (e.g., Python, Claude Code, Dataiku, etc.).
• Intermediate or greater proficiency in Microsoft Excel, Word, and PowerPoint.

Qualifications

• Experience with supply and demand modeling for crude.
• Knowledge of commercial trading businesses.
• Understanding of broader commodity markets (crude, gasoline, distillates, NGLs).
• Proficiency in Databricks, SQL, and Power BI.
• Experience in machine learning.
• Ability to code in Visual Basic, Python, and/or R.
• Ability to incorporate AI and AI prompting into daily analysis.
• Ability to synthesize data into useful information and articulate it in an easy-to-understand format.
• Proactive in problem identification and resolution; can provide creative solutions to complex issues.
• Refining/petrochemical knowledge.
• Proficiency with statistical modeling software, Access or other database software, and economic model development.

Pay

This position has a base salary range of $175,500 – $214,500. This role is eligible to participate in the company’s commercial bonus program, offering the opportunity to earn additional compensation based on business and individual performance, in accordance with program guidelines. Each role is assigned a salary grade with a defined pay range, benchmarked against industry peers. Offer levels are determined by the candidate’s experience, skills, and alignment with role requirements to ensure internal equity and market competitiveness.

Benefits

• 8% 401(k) company match.
• Cash Balance Account pension.
• Medical, dental, and vision benefits with an annual company contribution to a Health Savings Account for employees on a high-deductible health plan.
• Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services.