CRUDE OIL

Crude oil is a natural fossil fuel, once refined, which is used to create most of the energy sources applied in industrial segments and everyday life, from gasoline and diesel fuel for vehicles, to jet fuel for aircrafts and fuel for ships. Furthermore, crude oil is widely used in the production of chemical products such as pharmaceuticals, solvents, fertilizers, pesticides and plastics.

As an unrefined natural product, crude oil consists of more than 17,000 components. It can be classified as extra heavy crude oil and bitumen, heavy crude oil, medium crude oil, light crude oil, extra light crude oil and super light crude oil (condensate). Light crude oil has to be extracted from heavy crude oil. Only then end products, such as diesel fuel, gasoline and other petroleum products can be produced. Most demand is for the low-sulfur light crude oil grades.

CRUED OIL

Nr GRADES API
1 Extra light  Crude Oil   (ºAPI 41.1-50)
2 Light Crude Oil (ºAPI 31.1-41.1)
3 Medium  Crude Oil (ºAPI 22.3-31.1)
4 Heavy  Crude oil (ºAPI 10-22.3)

API (American Petroleum Institute) gravity is a unit commonly used for crude oil classification. It is globally used to fix both the properties and crude oil quality standard.

We help our partners effectively sell and distribute their daily production, as well as ensure reliable and stable crude oil supplies of the required quality at the due time. As a strong trader, we can deliver crude oil to any global location at the request of our customers.

 

Our partners include suppliers who are large spot charterers of crude vessels and have wide range of their own crude vessel. Our crude oil suppliers are also involved in storing crude oil and its transporting to tankers for export. Our partners are engaged in exploration operations, on-shore and off-shore surveys, drilling of test wells and development of producing fields.

Our partners use their competence when transporting crude oil via pipelines, barges, trains, trucks and vessels of all sizes for the efficient and reliable transportation of crude oil to refineries worldwide. Their key goal is to ensure that the crude oil quality meets the technical terms of supply.


Our crude trading activities are based on trusting relationships with producers and refiners in Europe, Africa, Asia, South & North America and Middle East.