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Average Oil Trader Salary in United States for 2026

An oil trader in United States earns about 115,600 USD a year. That's 22% above the national average of 94,500 USD.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in United States sit around 61,800 USD a year, while the very top stretches to 177,100 USD. Everything on this page is in United States dollar (USD, symbol $), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in United States, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

To turn a gross salary in United States into a take-home figure, use our United States salary after tax calculator, which works the latest tax brackets and contributions through the math for you.


How much does an oil trader make in United States?

Average salary
115,600 USD
9,633 USD per month
Lowest reported
61,800 USD
5,150 USD per month
Highest reported
177,100 USD
14,758 USD per month

A typical oil trader working in United States brings home around 9,633 USD a month before tax. Entry-level pay starts near 61,800 USD, and the top of the ladder reaches roughly 177,100 USD for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior oil trader working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the oil trader salary in Palau or British Indian Ocean Territory, both of which pay in the same currency.


How oil trader pay ranges in United States

A good way to think about salary in United States is to look at the distribution rather than the headline average. Half of all oil traders in United States earn less than 108,200 USD a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 78,500 USD (the 25th percentile), and a quarter clear 137,100 USD (the 75th percentile). The middle 50% of oil traders sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 61,800 USD. The highest stretch to 177,100 USD, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

61,800
Low
108,200
Median
177,100
High
78,500
25th
137,100
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in USD

Oil trader pay by experience in United States

Years of experience is the single biggest lever on pay for an oil trader in United States, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical oil trader salary changes as you move through the career ladder.

  • 0-2 Years
    72,800 USD
  • 2-5 Years
    +22% from previous
    88,600 USD
  • 5-10 Years
    +42% from previous
    125,400 USD
  • 10-15 Years
    +17% from previous
    146,700 USD
  • 15-20 Years
    +10% from previous
    160,700 USD
  • 20+ Years
    +5% from previous
    168,700 USD

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 42%. That is the point at which a oil trader typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Oil trader pay by education in United States

Education sits alongside experience as one of the biggest factors driving oil trader pay in United States. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average oil trader salary in United States broken down by the highest level of education a worker has completed.

  • High School
    88,600 USD
  • Certificate or Diploma
    +41% from previous
    124,500 USD
  • Bachelor's Degree
    +38% from previous
    172,200 USD

Oil trader gender pay gap in United States

The gender pay gap is a stubborn feature of almost every labour market, and United States is no exception. Male oil traders in United States earn an average of 119,700 USD a year, while female oil traders earn around 114,900 USD. That works out to a 4% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Oil Trader gender pay gap

4%

Men earn this much more than women on average in United States.

Men 119,700 USD
Women 114,900 USD

Pay raises for an oil trader in United States

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in United States sees a raise of about 12% every 15 months, which works out to roughly 10% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in United States, the national average raise is around 8% every 16 months.

By industry

Industries with the highest pay raises in United States:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
    2%
  • Construction
  • Education
    1%

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Oil trader bonus rates in United States

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

29%

29% of oil traders in United States reported a bonus of some kind in the past twelve months. That makes an oil trader a low-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 1% to 3% of base salary. The remaining 71% of oil traders reported no bonus at all over the same period.

Which careers pay bonuses in United States

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Oil trader: public vs private sector pay

Public-sector pay in United States is about 6% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in United States on average.

Public sector 98,800 USD
Private sector 93,100 USD

Oil trader salary by city and region in United States

Oil trader pay is not even across United States. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • Houston
  • New York (city)
  • Los Angeles
  • San Diego
  • Dallas
  • San Francisco
  • San Antonio
  • Chicago
  • Philadelphia
  • Phoenix
LocationTypeAverageMedianRange
HoustonCity140,700 USD140,700 USD68,800-216,300 USD
New York (city)City137,100 USD140,200 USD64,800-213,800 USD
Los AngelesCity134,700 USD130,400 USD69,800-206,300 USD
San DiegoCity134,700 USD147,900 USD63,100-213,800 USD
DallasCity132,000 USD137,100 USD67,000-206,300 USD
San FranciscoCity130,500 USD118,900 USD71,200-193,200 USD
San AntonioCity130,500 USD117,100 USD67,800-193,400 USD
ChicagoCity130,500 USD140,700 USD58,000-205,400 USD
PhiladelphiaCity130,500 USD130,500 USD65,800-201,000 USD
PhoenixCity130,500 USD128,200 USD65,800-199,700 USD
FloridaRegion130,500 USD124,500 USD68,800-199,700 USD
IllinoisRegion128,400 USD127,600 USD67,400-199,700 USD
PennsylvaniaRegion128,200 USD123,000 USD66,700-193,200 USD
San JoseCity127,700 USD127,700 USD64,300-195,200 USD
JacksonvilleCity127,600 USD124,500 USD66,100-195,200 USD
New York (region)Region127,600 USD139,100 USD58,400-204,900 USD
TexasRegion125,400 USD114,900 USD66,400-185,900 USD
MissouriRegion125,400 USD114,900 USD65,900-185,900 USD
MassachusettsRegion125,400 USD130,400 USD59,700-195,200 USD
GeorgiaRegion124,500 USD128,200 USD60,400-192,600 USD
New JerseyRegion124,500 USD128,400 USD58,700-193,400 USD
MichiganRegion124,500 USD119,700 USD63,900-187,500 USD
VirginiaRegion123,800 USD128,400 USD59,100-195,200 USD
AustinCity123,800 USD115,600 USD65,800-187,500 USD
CaliforniaRegion123,800 USD124,500 USD64,500-191,100 USD
MinnesotaRegion123,000 USD130,400 USD57,000-193,400 USD
TennesseeRegion123,000 USD123,000 USD62,600-187,500 USD
OhioRegion118,900 USD123,000 USD59,800-187,500 USD
KentuckyRegion118,900 USD121,800 USD58,200-187,500 USD
ColoradoRegion118,900 USD127,600 USD55,100-187,500 USD
IndianaRegion118,900 USD127,600 USD55,700-189,800 USD
MarylandRegion117,100 USD114,600 USD63,200-182,400 USD
IndianapolisCity117,100 USD117,100 USD60,900-184,700 USD
ArizonaRegion117,100 USD114,600 USD61,600-182,400 USD
SeattleCity117,100 USD117,100 USD58,500-184,700 USD
North CarolinaRegion117,100 USD117,100 USD58,500-184,700 USD
WashingtonRegion117,100 USD114,600 USD62,500-180,500 USD
New MexicoRegion116,400 USD112,700 USD59,800-175,100 USD
WisconsinRegion116,400 USD112,700 USD59,700-175,200 USD
ArkansasRegion116,400 USD123,000 USD55,400-183,900 USD
DenverCity116,400 USD116,400 USD57,100-177,100 USD
IowaRegion116,400 USD116,400 USD58,700-177,200 USD
South CarolinaRegion115,600 USD116,400 USD58,700-180,500 USD
OklahomaRegion114,900 USD107,700 USD58,800-172,200 USD
Las VegasCity114,900 USD107,700 USD62,100-172,100 USD
BaltimoreCity114,900 USD114,900 USD55,300-175,100 USD
AlabamaRegion114,900 USD107,700 USD60,000-172,100 USD
AtlantaCity114,600 USD118,900 USD51,100-177,100 USD
MemphisCity114,600 USD114,600 USD57,100-176,300 USD
LouisianaRegion114,600 USD107,700 USD60,200-172,300 USD
NebraskaRegion114,600 USD107,300 USD59,100-172,300 USD
DetroitCity114,300 USD111,700 USD62,100-175,100 USD
Washington D.C.City114,300 USD121,800 USD54,600-183,900 USD
BostonCity114,300 USD121,800 USD54,900-183,900 USD
Oklahoma CityCity112,700 USD107,700 USD59,000-171,300 USD
New HampshireRegion111,700 USD107,300 USD58,700-169,700 USD
UtahRegion111,700 USD114,600 USD55,600-172,100 USD
OregonRegion109,700 USD114,600 USD53,600-171,300 USD
Kansas CityCity109,700 USD116,400 USD49,300-172,300 USD
HawaiiRegion108,200 USD107,300 USD57,100-168,700 USD
ConnecticutRegion108,200 USD108,200 USD56,100-169,700 USD
MaineRegion108,200 USD114,900 USD51,300-172,300 USD
KansasRegion108,200 USD100,700 USD59,200-165,900 USD
NevadaRegion108,200 USD114,900 USD51,800-172,100 USD
West VirginiaRegion108,200 USD115,600 USD53,300-172,200 USD
MississippiRegion108,200 USD108,200 USD55,700-169,700 USD
DelawareRegion107,700 USD100,400 USD57,400-161,300 USD
Long BeachCity107,700 USD112,700 USD52,000-168,700 USD
SacramentoCity105,800 USD100,300 USD54,600-160,700 USD
IdahoRegion105,800 USD111,700 USD50,800-165,900 USD
ClevelandCity105,200 USD97,900 USD52,300-158,700 USD
New OrleansCity105,200 USD108,200 USD48,000-163,500 USD
AlaskaRegion105,200 USD109,700 USD49,800-163,500 USD
TampaCity105,200 USD100,700 USD51,800-158,700 USD
MinneapolisCity105,200 USD111,700 USD47,400-163,800 USD
MiamiCity105,200 USD108,200 USD48,500-163,500 USD
MontanaRegion105,200 USD107,300 USD51,100-161,300 USD
WyomingRegion103,600 USD108,200 USD46,200-161,300 USD
North DakotaRegion103,600 USD93,300 USD55,700-152,900 USD
South DakotaRegion100,500 USD107,700 USD45,400-158,900 USD
Rhode IslandRegion100,100 USD105,800 USD45,900-156,200 USD
District of ColumbiaRegion99,700 USD103,600 USD49,400-157,600 USD
OrlandoCity99,700 USD99,700 USD49,800-153,700 USD
OaklandCity99,700 USD96,600 USD51,400-152,900 USD
VancouverCity98,000 USD93,800 USD53,600-151,800 USD
KentCity97,400 USD97,400 USD49,400-153,800 USD
VermontRegion96,800 USD92,900 USD53,300-146,900 USD
CincinnatiCity95,400 USD100,700 USD43,100-151,800 USD
HonoluluCity94,900 USD94,100 USD48,600-146,700 USD
BristolCity93,100 USD103,600 USD44,900-151,800 USD
Iowa CityCity92,100 USD89,400 USD47,800-140,200 USD


Oil Trader in United States: FAQs

  • How much does an oil trader make per month in United States?

    An oil trader in United States earns about 9,633 USD a month before tax, based on an annual average of 115,600 USD.

  • What's the salary range for an oil trader in United States?

    Entry-level oil traders in United States start near 61,800 USD. Top-end pay reaches around 177,100 USD. The middle 50% of earners sit between 78,500 and 137,100 USD.

  • Is the median oil trader salary in United States higher or lower than the average?

    The median is 108,200 USD, lower than the average of 115,600 USD. Half of oil traders in United States earn below the median, half earn above it.

  • What's the gender pay gap for oil traders in United States?

    Men working as an oil trader in United States earn around 4% more than women on average (119,700 vs 114,900 USD a year).

  • Do oil traders in United States get bonuses?

    About 29% of oil traders in United States reported a bonus in the past 12 months. Reported bonuses ranged from 1% to 3% of base salary.

  • Do oil traders earn more in the public or private sector in United States?

    In United States, the public sector pays an oil trader about 6% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do oil traders in United States get a pay raise?

    An oil trader in United States sees a raise of around 12% every 15 months, equivalent to roughly 10% a year.