Crude oil is arguably the most important natural resource. It underpins the modern hydrocarbons as the raw material for processing from which the modern civilisation receives sophisticated fuels and petrochemical products.
Globally over 250 grades of crude are produced which differ in density, sulphur content, hydrocarbon composition and other important parameters. They range from light condensates resembling gasoline to very dense, bituminous heavy grades.
This makes trading crude a very sophisticated endeavour, and this is what Coral Energy do day in and day out.
We source crude grades from the Middle East, North Africa, North Sea, Central Asia, Latin America and deliver it to refineries in the Med, Europe and Asia Pacific precisely matching buyers’ requirements to quality, availability and timing.
In 2022, Coral Energy’s crude portfolio reached the turnover of just under 5 million tons.