PARSBERG’s core activities are in trading of physical barrels from crude oil to oil products. We originate the physical transactions that support our customers’ businesses. We source crude oil and oil products from a range of suppliers – through our marketing offices in London. As a global trading house we have a detailed overview of macro and micro trends. As physical traders, we gain first-hand experience of economic fundamentals as they play out on the ground.
The crude desk’s strong technical capabilities and resources give us the ability to respond to changing market dynamics. We have access to long-term supplies of tradable crudes.
The fuel oil trading desk combines global presence, market knowledge and efficient logistics, including finish grade and for refinery feedstock. We serve our customers’ needs by blending and shipping.
We trade the full range of distillates, from low to high sulphur. Our middle distillates trading operation covers diesel and gas oil.
Our team can adapt quickly to constantly changing specifications to maximise flexibility to all of our customers.
Long-standing contracts and strong relationships paired with a reliable supply chain facilitate our procurement and shipment of LPG (Liquid Petroleum Gas) and Petrochemical gases. We can tailor cargo specifications to suit a wide range of customers, from petrochemical consumers and blenders to autogas and bottled gas consumers.
The gasoline desk manages mostly seaborne gasoline books. We have an active market presence, market knowledge and efficient logistics. Close relationship with downstream operators and ability to distribute efficiently are key strengths.
We source the most actively demanded products and grades, this is underpinned by 15,000 barrels a day condensate splitter contract that supports the trade flows to the Far East, Africa, and Europe.
Over 300 vessels controlled by some of our closest partners.
We have direct access to all these vessels and existing partnerships in place with the owners. This places us in a unique position to provide a broad and complete service offering accordingly.
We understand and trade the derivatives market where we hedge and manage our risks. We offer pricing structures and service excellence that create value for our customers throughout the supply chain.
