Energy Commodities

CRUDE OIL

Crude oil is a naturally occurring petroleum resource composed of hydrocarbons and organic materials. It is a cornerstone of the global energy system, serving as the primary raw material for fuels, petrochemicals, and industrial products.

Extracted through onshore and offshore drilling, crude oil is refined via processes like distillation and cracking to produce gasoline, diesel, jet fuel, lubricants, and chemical feedstocks.

Its applications span transportation, energy generation, plastics, and construction materials like asphalt. While essential to modern industry, crude oil also poses sustainability challenges, making responsible production and cleaner logistics increasingly important in today's energy landscape.

REFINED OIL PRODUCTS

Refined oil products are the fuels, lubricants, and petrochemicals produced from crude oil through advanced refining processes. They power transportation, industrial operations, energy systems, and are used in the creation of plastics, chemicals, and consumer goods.

Key products include fuel oil, gasoline, diesel, jet fuel, LPG, lubricants, and petrochemical feedstocks. These are processed in refineries using methods like distillation, cracking, and reforming to meet specific performance and regulatory standards.

While refined products are central to today’s economy, the sector is evolving toward cleaner fuels, lower emissions, and more sustainable energy solutions, supported by innovation in refining and responsible trading practices.