Crude

In the crude oil market, we use our global presence, market knowledge and logistics capabilities to balance supply and demand, optimise supply chains and service the needs of our customers around the world. Globally, we store and transport over 1.7 million barrels of crude daily.

Trafigura’s crude team has strong technical capabilities. These, combined with our deep understanding of physical flows, allow us to respond rapidly to changing market dynamics and non-standard crude oil opportunities.

We source oil from a variety of counterparties including public production companies, oil majors and national oil companies (NOCs). We provide distribution solutions for producers, and assist refineries with tailored shipments and specialist financing.

Our substantial North American business includes a blending hub in Louisiana and a logistics-based offering in Texas. Our extensive US domestic lease activity in the Eagle Ford Shale and the Permian regions continues to expand.

We have established a leading position in the burgeoning US crude export business. Strong relationships with producers and refineries in Europe and beyond are helping us to place shipments even at times of over-supply.

Our thriving business in Africa encompasses both significant exports and imports. In Asia, we are an active participant in both sweet and sour grade trading and we continue to grow our assets in the region. In China, we have developed a strong presence, growing business with NOCs and private-sector refineries.

We control tankage at strategic locations in Europe and supplement this with short- and long-term leases. We have access to long-term supplies of tradable oil streams and excellent relationships with regional refiners.

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Oil & Petroleum Products