Work as a member of team following global energy and economic trends and prospects. Analyze key drivers of world oil supply (both short- and long-term), assess the implications of oil supply prospects for the broader oil market and for BP, and communicate those findings to Group Leaders. Also provide high-level economic analytic support to BP’s US businesses.
Key accountabilities
The Oil Supply economist is responsible for initiating, conducting, and producing research on key drivers of the world oil supply outlook (short- and long-term) within BP’s Economics Team, and will also be responsible for oil supply dimensions of the annual BP Statistical Review of World Energy. The Oil Supply economist will be responsible for written output, including regular research reports, portions of the regular Oil Market Outlook, as well as written and visual briefing material for quarterly OPRs and Board Meetings. The successful applicant will be responsible for maintaining a number of oil supply databases, as well as building a network of internal and external contacts in support of the key mission of tracking, analysing, and forecasting world oil supply.
This position will be located in Washington DC, and the successful applicant will also have responsibility (at the direction of the General Manager, Global Energy Markets) for supporting BP’s US businesses by producing and sharing analysis spanning the Economics Team’s work on the economy, oil and natural gas markets, refining, and other economic/energy market issues.
The Oil Supply economist will also be responsible for other economic analysis as requested by the General Manager, Global Energy Markets—to whom s/he will report—as well as the Group Chief Economist in London.
Essential criteria & qualifications
Experience:
This role requires some experience in applying economic analysis, preferably in a non-specialist or commercial environment, and requires experience of doing so as part of a team.
Core Competencies:
Ability to communicate the results of rigorous economic analysis to a non-specialist audience, and the ability to conduct first class energy market analysis, which entails ease of use of spreadsheets, word-processing, powerpoint, and econometric software. The role demands personal organization and team-working skills, and the ability to meet tight deadlines under pressure, while sustaining the quality of both the analysis and the presentation of the work.
Technical Competencies:
Economics (see description above)
IT:
The successful applicant should also have well developed IT skills, including knowledge of the Microsoft Office environment and econometric software.
Education / Certifications:
This role requires an undergraduate and graduate degree (Masters or PhD) in Economics.
Desirable criteria & qualifications
Languages Needed:
No language skills are required, but fluency in a major language where BP operates would be an advantage.
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