Refined oil products trading involves the global exchange of petroleum-based commodities that have undergone processing in refineries. These products include gasoline, diesel, jet fuel, kerosene, and heating oil. Traders operate in both physical and financial markets, managing logistics, pricing, and risk to meet industrial and consumer demand.
Key aspects:
- Products are sourced from refineries and sold to distributors, governments, and corporations.
- Trading hubs include Singapore, Rotterdam, and Houston.
- Market volatility is influenced by geopolitical events, supply chain disruptions, and seasonal demand.
