Analyst - Commodity Markets- Global Crude Oil Supply

Rystad Energy is a leading energy research and consulting firm headquartered in Oslo, Norway with offices across the world. The company was established in 2004 to provide strategic consulting services and has evolved into one of the leading research organizations with a series of databases and reports covering the global energy industry and other parts of the energy space.

Our team of industry experts serves our client base, including the largest oil & gas and energy companies, financial and oilfield service companies, and renewable and energy transition companies across the globe. Headquartered in Oslo Norway, Rystad Energy is a rapidly growing company represented in more than 30 countries.

Role:

Rystad Energy is seeking a passionate and skilled Analyst to join our Commodity Markets – Oil team within the rapidly expanding global Analyst division.

In this role, you will be responsible for delivering high-quality fundamental analysis on global and regional crude oil supply and trade flows. You’ll play an integral part in strengthening our commodity oil market coverage by tracking geopolitical and economic developments, engaging with internal and external stakeholders, and contributing to key research deliverables, product development, and client support.

You will be expected to interpret shifting market dynamics, adapt your analysis accordingly, and provide forward-looking insights into the potential impact on crude supply and global trade flows. A key focus will be on integrating robust data analytics with real-time market intelligence to support clients and internal strategy.

At the core of our market research lies a rich foundation of proprietary data, advanced in-house modeling tools, and a deep understanding of market mechanisms and physical flows driving the oil sector and broader energy landscape.

Tasks

• Maintain and enhance high-quality datasets related to global crude oil production, trade flows, supply outages—ensuring accuracy, consistency, and timely updates.
• Monitor and interpret global oil supply trends, including upstream production, refined product availability, inventory movements, and price signals.
• Collaborate with clients across regions, addressing queries and delivering market insights tailored to their strategic and commercial needs.
• Track and maintain global crude oil supply data, including production by country, upstream outages, and OPEC/non-OPEC production targets and compliance.
• Contribute to the development and evolution of commodity market products focused on oil supply—identifying new opportunities and working with technical teams to enhance data offerings and visualizations.
• Prepare and deliver market commentaries, periodic updates, presentation decks, and custom research pieces for both internal and external audiences.
• Collaborate with internal teams (e.g., upstream, demand, refining) to align supply assumptions and enhance the integrated market view
• Assist senior analysts with routine reporting and ad-hoc requests including written content, quantitative models, and executive-ready visuals.
• Maintain active involvement in client interactions, workshops, and product demos, ensuring feedback is gathered and incorporated into continuous product improvement.

We are looking for motivated candidates with a strong academic track record, an analytical mindset, and quantitative skills to strengthen our regional oil balance team.

• A university degree (Master or Bachelor) in Engineering, Economics, Finance, Mathematics, Statistics, Physics or similar is required
• Demonstrated knowledge of the oil market with 2- 4 years of experience in similar role covering crude supply & trade flows in commodity market oil
• Strong quantitative skills
• Experience with oil price, data, and information providers such as Bloomberg or Refinitiv/Eikon or S&P Global (former Platts) is a plus
• Experience in Commodity Market Oil with a focus on crude and trade flows would be preferable.
• Basic understanding about the crude market and trade flows market is desirable.
• Knowledge of database design, SQL and Python (or similar) is a plus
• Understands the importance of attention to detail in composing a complete and representative picture of the commodities market
• Proactive, independent, open-minded, and creative
• Thrives in a fast-paced environment, and a strong multi-tasker
• Great communication skills (English), both verbally and in written form
• Strong team player
• Positive person with strong motivation to grow personally and contribute to the company’s development and growth

• Lean, flat, non-hierarchical structure that will enable you to impact products and workflows.
• A diverse, inclusive, meritocratic culture.
• Community-driven with the desire to create and share to have an impact globally.
• Keen to challenge your skills and deepen existing expertise while learning new ones.
• A global and quickly expanding international business culture with more than 80 nationalities.
• Inclusive and supportive working environment with a focus on a culture of sharing.
• Opportunity to join a globally leading energy knowledge house.
• Flexible work environment.