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Oil Broker Salary in Massachusetts

How much does an Oil Broker make in Massachusetts? The salary range for an Oil Broker job is from $56,950 to $71,850 per year in Massachusetts. Click on the filter to check out Oil Broker job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$64,439
Per Year
The average salary for an Oil Broker is $64,439
per Year in Massachusetts.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$56,950
$64,439
Medium
$71,850

Highest Paying Cities for Oil Broker in Massachusetts

Here are the top eight that pay the highest Oil Broker salary in MA. Due to the cost of living in different locations, the Oil Broker salary will also be different. Boston with the highest wage for the Oil Broker in Massachusetts has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Oil Broker

Oil Broker works in Massachusetts will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.

How Much Do Similar Professions Get Paid in Massachusetts?

The Oil Broker jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Oil Broker, while they have the Oil Broker responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Broker
Average salary
United States
$103,701
per Year
Oil Rig
Average salary
United States
$81,130
per Year
Oil Inspector
Average salary
United States
$87,252
per Year
Oil Technician
Average salary
United States
$73,675
per Year
Oil Drillers
Average salary
United States
$85,800
per Year
Oil Operator
Average salary
United States
$50,263
per Year

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

What Does an Oil Broker Do?

These brokers use their knowledge of the industry to try and make money by buying and quickly selling barrels of oil without ever having to take possession of the commodity.

December 16, 2021

Oil brokers must monitor refinery production to see if regulatory, technical, or meteorological factors will affect oil supplies.

November 25, 2021

The oil broker is an intermediary who arranges transactions involving the buying and selling of crude oil.

November 25, 2021

Apart from broker regulation, other factors to consider include the stance of regulators on the leverage and margin requirements for the trading of crude oil contracts.

November 23, 2021

There are no formal education requirements for oil brokers, but having a good understanding of mathematics and finance can help.

November 18, 2021

Most Common Benefits for Oil Broker

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for an Oil Broker
Get a personal salary report to know Which factors can influence Oil Broker salary.
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These brokers use their knowledge of the industry to try and make money by buying and quickly selling barrels of oil without ever having to take possession of the commodity.
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Check the below career pages for detailed pay ranges for similar professions to Oil Broker:
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Hyde Park pays the highest Oil Broker wage. Get personal salary report to explore more salary information in different cities.
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The Oil Broker salary range is $56,950 to $71,850 in MA.
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