Our trading presence is underpinned by a complementary infrastructure: refining, storage, distribution and a marketing network across six continents. In all our physical operations we seek to work with partners which share our commitment to high international standards of operation. The infrastructure upon which we rely, from ships to jetties storage, is subject to our due diligence processes.
The mismatch in many regions between demand and supply generates the need to move crude oil and oil products inter-regionally creating trading opportunities around the world.
This diagram shows how many million barrels of oil production and demand there are per day around the world.
Figures are based on Vitol research.