Crude Oil
In an industry where some represent size, and others provide depth of expertise, Vitol offers both.
In recent years, Vitol has lifted around 100m tonnes of crude annually, including non-equity crude from Nigeria, the Middle and Far East, Russia and the Caspian. These operations have made us one of the world’s largest spot charterers of oil vessels.
Volume alone, however, is not necessarily the mark of a successful business. What distinguishes Vitol is our role as a counterparty to maximise the value of crude, through our proven ability in turning intelligence into a considerable market advantage, and to work with new crude streams in any part of the world.
Our expertise is proving compelling to small and medium-sized production companies whose focus lies in producing oil and putting it to market.
Private equity groups are also looking to Vitol for the comprehensive and profitable experience that we can bring to maximise their investments in the energy sector. Similarly, private companies who may have bought their crude and managed their refining margins in the same way for many years are increasingly seeing real value in new ways of working, with Vitol.
In an efficient crude market, Vitol not only offers producers excellent prices but focuses on adding value. We also offer an outstanding capability in risk managing our clients’ assets, and set great store by developing sound, long-term partnerships. Our long-running ventures with the state oil companies of Nigeria and Oman are examples of our commitment to long-term benefits rather than short-lived gains.
We bring our own brand of patient, imaginative operation to some of the most demanding environments in the world.
• Vitol collaborates with partners who operate in some of the most demanding environments in the world.