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Oil Trader Salary in Detroit, MI

How much does an Oil Trader make in Detroit, MI? The salary range for an Oil Trader job is from $129,269 to $156,213 per year in Detroit, MI. Click on the filter to check out Oil Trader job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$142,752
Per Year
The average salary for an Oil Trader is $142,752
per Year in Detroit, MI.
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
$129,269
$142,752
Medium
$156,213

Highest Paying Cities for Oil Trader near Detroit, MI

We list eight cities that pay high wages to Oil Trader near Detroit. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Oil Trader pay level in these cities.

States with Higher Salaries for Oil Trader

Here are the top five states that pay the highest Oil Trader salary in the United States. District of Columbia takes first place with the highest Oil Trader salary is $157,621 per Year. California and New Jersey take the second and third place with $156,205 per Year and $155,214 per Year in the list. A higher average Oil Trader salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Detroit, MI?

The following job titles have similar responsibilities as an Oil Trader. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Crude Oil Trader
Average salary
United States
$135,285
per Year
Fuel Oil Trader
Average salary
United States
$134,336
per Year
Trader
Average salary
United States
$56,715
per Year
Oil Rig
Average salary
United States
$75,164
per Year
Oil Inspector
Average salary
United States
$80,837
per Year
Oil Technician
Average salary
United States
$68,258
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 Trader Do?

ICE Education and IBH have combined their expertise to provide an innovative and practical programme covering all aspects of the physical crude oil, products and traded derivatives market through our market leading Oil Trader Academy — now in it's tenth successful year.

December 03, 2021

Traders tend to specialise in one or more oil derivatives, normally from the same distillates group, as well as specific key markets which they are responsible for purchasing from and selling to.

November 30, 2021

This programme will appeal to: oil and product traders, refiners, economists, analysts portfolio managers, risk managers, operations managers, brokers and other related front, middle and back office staff.

October 27, 2021

Redstone Commodity Search have strong connections to oil traders, oil portfolio managers, oil sales and account managers, oil logistics and operations specialists, oil analysts and strategist etc.

October 26, 2021

Most Common Benefits for Oil Trader

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

Frequently Asked Questions

Common questions about salaries for an Oil Trader
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ICE Education and IBH have combined their expertise to provide an innovative and practical programme covering all aspects of the physical crude oil, products and traded derivatives market through our market leading Oil Trader Academy — now in it's tenth successful year.
Is this information useful?
Thank you!
Check the below career pages for detailed pay ranges for similar professions to Oil Trader:
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The average salary of an Oil Trader is $142,752 in Detroit, MI.
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