Crude Oil is most commonly purchased by trading companies and then resold to refineries throughout the world for further refining into a wide variety of petro-chemical products (see chart on right). Spot market pricing is recorded in many terminals, globally. Crude Oil has very deep liquidity, and trades on a global scale which adds to its appeal for the petroleum business.
Sourcing
Baron Point Petroleum possess a prominent team of market professionals with an outstanding reputation spanning several decades in global finance, infrastructure, international trade, along with deep ties in the Middle East and West Africa.
As an allocation holder that contracts directly with the source, we can provide a regular and large supply of Crude Oil to your refinery with competitive margins and a compelling risk profile.