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Gasoil 0.1% CIF MedIndicativeJet A-1 FOB Black SeaIndicativeBitumen 60/70 FOB CaspianIndicativeVLSFO 0.5% MedIndicativeUrea granular FOB Black SeaIndicativeBase oil SN 500 FOBIndicativeAs of19 Jul 2026 · 12:00 UTCGasoil 0.1% CIF MedIndicativeJet A-1 FOB Black SeaIndicativeBitumen 60/70 FOB CaspianIndicativeVLSFO 0.5% MedIndicativeUrea granular FOB Black SeaIndicativeBase oil SN 500 FOBIndicativeAs of19 Jul 2026 · 12:00 UTC

Services

Physical trading is pricing, documentation and movement. We handle all three.

01 — Trading and supply

Trading and supply

We source product from refiners and regional traders, take title, and sell on to buyers. That is the business.

Procurement

We buy against your requirement rather than pushing whatever we happen to hold. If the grade you need is not in our regular flow, we source it.

Pricing

Cargoes are priced against published benchmarks — Platts assessments for the relevant region and product — with a fixed differential agreed before fixture. You see the basis, not just the number.

Terms

CIF, FOB, FCA, EXW and DAP. Payment terms by negotiation; letters of credit through first-class banks are standard for new counterparties.

Documentation

Certificate of origin, quality and quantity, bill of lading, and any additional documentation your import regime requires.

02 — Logistics and storage

Logistics and storage

Physical trading is a logistics business with a price attached. We manage the movement.

Storage

Storage arranged per cargo at terminals across the Caspian and Black Sea, including heated tankage for bitumen.

Vessel chartering

Coaster to product tanker, including dedicated bitumen hot-ship tonnage. Voyage and time charter as the cargo requires.

Ship-to-ship transfer

Where port draft or berth availability requires it.

Inland distribution

Rail and road onward from discharge port, arranged where the buyer wants delivered terms.

Inspection

Independent surveyors appointed at load and discharge. SGS, Intertek, and Bureau Veritas are used routinely; a buyer may nominate another.