Crude oil and products

Vitol is at the heart of the world’s energy flows. Every day we use our expertise and logistical networks to distribute energy around the world, efficiently and responsibly.

For over 50 years Vitol has served the world’s energy markets

7.4 million
BARRELS A DAY TRADED
355 million tonnes
CRUDE OIL & PRODUCTS TRADED EACH YEAR
6,000
SEA VOYAGES CHARTERED EACH YEAR
500,000 b/d
REFINING CAPACITY ACROSS 6 REFINERIES
17 million m3
STORAGE CAPACITY GLOBALLY

Our customers include national oil companies, multinationals, leading industrial and chemical companies and the world's largest airlines. We deliver the products they need on time and specification by sourcing and managing the movement of energy through the relevant infrastructures.

Crude oil

Trading & distribution

Trading, that is the efficient distribution of energy around the world, is at the core of our business. Every day we trade over 7 million barrels of crude oil and products, buying from producers and delivering to refiners, wholesalers and distributors worldwide.

Two people talking

Production

Vitol has a focused presence in oil and gas production.

Our total output of circa 100,000 boepd is focused largely across two key geographical areas; West Africa and the US. Sankofa Gye Nyame is our flagship project, 60 km offshore Ghana and developed in partnership with Eni.

Crude oil

Refining

Vitol is invested in over 500,000 barrels a day of refining capacity in Asia, Australia, Europe and the Middle East, giving us a comprehensive understanding of the short and medium-term challenges facing refiners, from sourcing optimal feedstock to managing the energy transition.

Read more about our refining companies:  ATB, FRCL, Varo Energy, Viva Energy and VPR Energy.

Crude oil

Storing and blending

We own over 17 million cubic meters of storage capacity, which coupled with significant leased capacity, means we can store and blend bespoke combinations to deliver optimal feedstock and products, responding to an ever-changing market.

Crude oil

Shipping

Our shipping expertise is integral to our trading business, enabling us to move energy around the world, safely and efficiently. Through our company, Vitol International Shipping, we control and operate a fleet of vessels which operate globally. Our shipping clients can login here.

Oil tankers

Downstream

We are invested in downstream and distribution assets with circa 7,000 retail sites globally, as well as the associated infrastructure. We also supply jet fuel into wing at more than 145 airports worldwide through Vitol Aviation.