Crude Oil

Crude Oil

Primrose is an active participant in the global crude oil market, facilitating the procurement, marketing, and physical delivery of crude oil to refineries and trading counterparties across Africa, Europe, the Middle East, and Asia-Pacific. Our crude oil trading desk manages a diverse portfolio of grades — from light sweet crudes to heavy sour blends — […]

Overview

Crude Oil — Full Details

Primrose is an active participant in the global crude oil market, facilitating the procurement, marketing, and physical delivery of crude oil to refineries and trading counterparties across Africa, Europe, the Middle East, and Asia-Pacific.

Our crude oil trading desk manages a diverse portfolio of grades — from light sweet crudes to heavy sour blends — sourced through established relationships with national oil companies, independent producers, and upstream operators in key producing regions.

We operate across both the spot and forward markets, providing flexible supply solutions that align with the specific processing requirements and commercial objectives of our refinery and trading partners.

Our integrated approach combines market expertise, logistics capability, and financial discipline to deliver crude oil supply that is reliable, competitively priced, and efficiently executed.

Grades We Trade

We supply a broad range of internationally traded crude grades including:

  • Bonny Light (Nigeria)
  • Forcados (Nigeria)
  • Arab Light / Arab Medium (Saudi Arabia)
  • Basrah Light / Basrah Heavy (Iraq)
  • Azeri Light (Azerbaijan)
  • Urals (Russia)
  • CPC Blend (Kazakhstan)
  • Dated Brent (North Sea)

Our Trading Approach

Every transaction is managed with a clear focus on risk control, counterparty integrity, and operational efficiency. We work closely with our logistics partners to ensure that cargo movements are planned, tracked, and executed to the highest standards of safety and compliance.

Key Features

What We Offer

Global Crude Sourcing
We access crude oil from major producing regions including the Middle East, West Africa, North Africa, and the Caspian — connecting supply with demand across international markets.
Spot & Term Contracts
We structure both short-term spot trades and long-term supply agreements tailored to the operational needs and risk appetite of our partners.
Refinery Supply Chains
We manage end-to-end crude supply chains from wellhead to refinery gate, coordinating logistics, documentation, and scheduling with precision.
Risk Management
Our trading desk applies disciplined hedging strategies and real-time market monitoring to protect positions and optimise trading outcomes.
Marine & Logistics
We coordinate vessel chartering, port operations, and cargo management through trusted shipping partners to ensure safe and timely delivery.
Market Intelligence
Our team continuously analyses crude differentials, freight rates, refinery margins, and geopolitical developments to identify and act on market opportunities.
PARTNER
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