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Commodity Broker Jobs in Texas (NOW HIRING)

Commodity Merchandiser

Lubbock, TX · On-site

$97K/yr

Commodity Merchandiser Location: Lubbock, Texas Company: Plainsman Company, LLC Employment Type ... Develop and maintain long-term relationships with suppliers, customers, brokers, and industry ...

Build strong relationships with counterparties, refiners, brokers, and customers. Required ... Functional Skills Energy Commodity & Derivative Trading Negotiation Opportunity & Market ...

Build strong relationships with counterparties, refiners, brokers, and customers. Required ... Functional Skills Energy Commodity & Derivative Trading Negotiation Opportunity & Market ...

Build strong relationships with counterparties, refiners, brokers, and customers. Required ... Functional Skills Energy Commodity & Derivative Trading Negotiation Opportunity & Market ...

... and brokers. * Arrange and process all trade-related payments and receivables for physical commodity transactions, ensuring timely and accurate settlement. * Coordinate and process miscellaneous ...

Minimum seven years of insurance experience, either with an insurance broker or in-house corporate insurance function, preferably supporting the energy, oil & gas, or commodity trading sectors.

Minimum seven years of insurance experience, either with an insurance broker or in-house corporate insurance function, preferably supporting the energy, oil & gas, or commodity trading sectors.

Be Seen First

Logistics Coordinator

Houston, TX · On-site

$65K - $70K/yr

Calculate full truckloads based on commodity weights and dimensions for proper equipment planning ... Brokerage experience is highly preferred Schedule: Monday through Friday, 9:00 AM to 6:00 PM, with ...

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Showing results 1-20

Commodity Broker information

See Texas salary details

$83.4K

$97.8K

$110.9K

How much do commodity broker jobs pay per year?

As of Aug 24, 2026, the average yearly pay for commodity broker in Texas is $97,823.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,800.00 and $104,800.00 per year, depending on experience, location, and employer.

What is a commodity broker?

A commodity broker buys or sells physical commodities, such as agricultural products, minerals, natural gas or oil, or precious metals, on behalf of an investor. They closely follow international markets in a specific commodity or group of commodities and make trades on the trading floor. Duties include developing reports and forecasts. They often work for brokerage firms, and present their research either to their managers or to give their clients trade recommendations. Some commodity brokers may travel to sites where commodities are made or extracted, such as a large farm or a coal mine.

What are the key skills and qualifications needed to thrive as a commodity broker, and why are they important?

To thrive as a Commodity Broker, strong analytical skills, financial acumen, and a solid understanding of commodity markets are essential, often supported by a degree in finance, economics, or business. Familiarity with trading platforms, financial modeling software, and relevant certifications such as Series 3 licensing are typically required. Excellent negotiation, communication, and relationship-building skills set top performers apart in this role. These abilities are crucial for making informed trading decisions, managing client relationships, and ensuring compliance in a fast-paced and volatile market environment.

What are some common challenges commodity brokers face when managing client portfolios, and how can they effectively address them?

Commodity Brokers often encounter challenges such as market volatility, regulatory changes, and rapidly shifting client priorities. To manage these effectively, brokers stay informed about global market trends, maintain strong communication with clients, and use risk management tools like hedging strategies. Building strong relationships with clients and staying adaptable helps brokers anticipate needs and offer timely, well-informed advice, which is key to client satisfaction and long-term success in this dynamic field.

What is the difference between Commodity Broker vs Futures Trader?

AspectCommodity BrokerFutures Trader
CredentialsSeries 3 license, commodity trading knowledgeSeries 3 license, trading strategies
Work EnvironmentBrokerage firms, trading floors, officesTrading firms, financial institutions, personal trading
Industry UsageFacilitates client transactions in commoditiesExecutes trades in futures contracts, often for profit
Search & ComparisonOften compared for trading roles in commoditiesRelated but more focused on trading execution and strategy

While both roles involve trading in commodities, a Commodity Broker primarily acts as an intermediary for clients, facilitating transactions and earning commissions. A Futures Trader, on the other hand, actively trades futures contracts, often for profit or hedging, and may work independently or within trading firms. Understanding these differences helps clarify career paths and job expectations in the commodities and futures markets.

How much do commodity brokers make?

Commodity brokers typically earn a base salary plus commissions, with annual earnings ranging from $50,000 to over $150,000 depending on experience, location, and performance. Successful brokers with strong client networks and market knowledge can earn significantly more through commissions and bonuses.

What does a commodity broker do?

A commodity broker facilitates the buying and selling of commodities such as oil, gold, or agricultural products on behalf of clients. They analyze market trends, execute trades through trading platforms, and often require knowledge of financial regulations and risk management. Their role involves maintaining client relationships and staying informed about market conditions to advise on transactions.

What are the most commonly searched types of Commodity Broker jobs in Texas?

The most popular types of Commodity Broker jobs in Texas are:

What are popular job titles related to Commodity Broker jobs in Texas?

For Commodity Broker jobs in Texas, the most frequently searched job titles are:

What job categories do people searching Commodity Broker jobs in Texas look for?

The top searched job categories for Commodity Broker jobs in Texas are:

What cities in Texas are hiring for Commodity Broker jobs?

Cities in Texas with the most Commodity Broker job openings:

What are popular job titles related to Commodity Broker jobs in TX?

For Commodity Broker jobs in TX, the most frequently searched job titles are:

Infographic showing various Commodity Broker job openings in Texas as of August 2026, with employment types broken down into 2% As Needed, 89% Full Time, 6% Part Time, and 3% Contract. Highlights an 74% Physical, 8% Hybrid, and 18% Remote job distribution, with an average salary of $97,823 per year, or $47 per hour.

2027 University New Hire - Commercial

Phillips 66

Houston, TX • On-site, Remote

Full-time

Posted 13 days ago


Phillips 66 rating

7.4

Company rating: 7.4 out of 10

Based on 89 frontline employees who took The Breakroom Quiz

49th of 87 rated oil and gas companies


Job description

Phillips 66 & YOU - Together we can fuel the future

Phillips 66 is dedicated to helping 2027 Commercial University New Hires make a smooth transition into the professional world, through specific programs designed to give you the tools you need to successfully launch your career. Get more information at careers.phillips66.com.

As Phillips 66's market-facing business, the Global Commercial Organization focuses on maximizing general interest profitability by sourcing advantaged feedstocks to our refineries, and asset optimization through our global market presence.

Our highly dynamic, collaborative, high-performing team is headquartered in Houston, Texas and has offices located worldwide in Calgary, London, and Singapore. Global market presence affords Phillips 66 24-hour market access allowing us to fulfill our mission of providing energy and improving lives to our communities through crude oil, refined products, renewable fuels, power, and natural gas.


With a global trading team focused on maximizing profitability across the Phillips 66 value chain by managing strategic commodity transactions and agile response to the market, Commercial colleagues work together globally to optimize assets and improve performance by gathering market intelligence, managing risk, developing external relationships, and creating innovative supply chain solutions. Supported by our integrated marine and surface transportation and logistics teams, our global organization capitalizes on market opportunities, enhancing returns for Phillips 66.


Example roles include market analyst, trading desk position analyst, logistics coordinator, marine operations and chartering, scheduler, business development and origination, and commodity trader.
 

Commercial University New Hires will join the Phillips 66 Trader Development Program following an onboarding to Phillips 66 as part of the KATALYST program.

The Phillips 66 Trader Development Program is a competitive, learning journey designed for individuals who aspire to build a trading career at Phillips 66.  We are seeking strategic thinkers with a strong interest in global markets and energy.  Candidates should be analytical with a desire to learn and perform under pressure.  They should be team players with high level verbal and written communication skills.  Members of the Trader Development Program will be given the opportunity to participate in structured training, formal mentorship and hands-on experience to set the stage for a successful career in energy trading

Members of the Phillips 66 Trader Development Program will participate in an on-boarding program, KATALYST.  KATALYST is a premier industry-leading energy commodity supply and trading on-boarding program for market-savvy university hires joining various Phillips 66 business units including Commercial.  As part of KATALYST, you will experience  a brief but dynamic immersion to the Phillips 66 energy value chain while building relationships that will cultivate a fulfilling career. The KATALYST curriculum focuses on our key businesses and markets, and includes: off-site learnings, case studies, discussions and presentations with subject matter experts, focused analysis assignments, and networking opportunities with leaders.

Key candidate characteristics include, but not limited to:

  • Analytical capability
  • Ambitious & driven
  • Business acumen
  • Values collaboration
  • Communication skills
  • Curious & inquisitive
  • Innovative thinking
  • Shared values
  • Passion for industry
  • Interest in trading

What You'll Bring - Required 

  • Legally authorized to work in the job posting country
  • Bachelor's degree program in Engineering, Economics, Finance, Mathematics/Data Analytics, Supply Chain Management, or equivalent field of study or a Master's degree in Economics, Finance or MBA
  • Graduation date prior to December 31, 2026 or May 31, 2027
  • Available to work at Houston, TX headquarters

What Makes You Stand Out - Preferred

  • A minimum cumulative GPA of 3.0 on a 4.0 scale
  • Previous internship or co-op participant in related industry
  • Strong analytical skills
  • Proficiency in Microsoft Excel, Word, and PowerPoint
  • Experience with Python or related coding languages
  • Available to report on January 26, 2027 or July 13, 2027

To apply and be considered: 

  • Apply online by going to careers.phillips66.comand complete the entire application process 
  • Attach an electronic copy of your resume and unofficial transcript 
  • Answer all prescreening questions and provide your eSignature 

Benefits

At Phillips 66, we are proud to offer attractive and high-quality benefits which we refer to as Total Rewards. Additional information on Total Rewards.

Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.

About Phillips 66

Providing Energy. Improving Lives. We are excited about the future of energy. Our advantaged and nimble company is full of seasoned leadership and talented teams making responsible choices to adapt and explore the opportunities the changing market brings. We do this while living out our values of safety, honor and commitment; improving lives by providing access to the energy which is essential to a high standard of living and health throughout the world. Our employees, suppliers and partners share this vision to provide energy and improve lives. Our hard work, and teamwork, keeps energy flowing. At Phillips 66, we know that now, more than ever, is the time to try new things.

Phillips 66 is an EEO and Affirmative Action Employer of Women/Minorities/Veterans/Individuals with Disabilities


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