Activities
Focus
Our well-integrated teams are able to shift trading style and focus in line with changing market conditions. Key to our success is the ability to coordinate activities directly with suppliers and to interact with other parts of the Group to bring customers integrated solutions. We liaise closely with other trading desks and work alongside our traders to deliver blends that meet bespoke criteria.
While we are primarily focused on serving the regional market from the UAE from our tank storage, we also spot-charter and time-charter a range of tonnage through our shipping and chartering partners.
Challenges
Commodities are not always produced close to where there is demand. Physical traders act as distributors, supplying customers and moving products around the world. Most of the world’s oil is produced in the Middle East, whilst most of the demand is in Asia & Europe.
The balance between supply and demand in energy and commodity products can be affected by many factors. In the longer term, demand trends are driven by economic conditions, technological advances or changes in government policy.
Scope
In the short term, weather or political unrest can affect the balance between demand and supply, and leave commodities producers, processors, or distributors with too much or not enough product.
In addition to term supply arrangements with customers – ensuring industrial and logistics customers have a steady supply of product they need to continue with the smooth day-to-day running of their operations – our firm seeks to identify and address short term market imbalances.