INTERNATIONAL OIL AND COMMODITY TRADING GROUP
Our Services
Oil Trading
Oil trading is the buying and selling of different types of oil and oil-linked assets. As oil is a finite resource, its price can see massive fluctuations due to supply and demand changes. The global network consisting of refiners, shippers, producers, and connected through traders is invested in facilitating the market to most effectively deploy these limited resources.
Trading is at the core of our business which effectively distributes energy to our global positions. Every day we trade crude oil and products, buying from producers and delivering to refiners, wholesalers, and distributors worldwide.
The trading of oil represents financial operations regarding one of the most vital commodities in the modern world. Our Team’s experience, and deep understanding of market tendencies, influenced by global economic trends and geopolitical phenomena, allows us to accurately assess and determine the best options for both suppliers and buyers.
Bunkering
Originating from the days of steamships when coal was stored in ships’ bunkers, the term describes the process of loading petroleum fuel onto ships and associated logistics.
Riche Commodity Trading trades and provides marine distillate fuels like marine gasoil (MGO) and marine diesel oil (MDO) as well as various marine residual fuels such as intermediate fuel oil (IFO), high sulphur fuel oil (HSFO), very low sulphur fuel oil (VLSFO) and ultra-low sulphur fuel oil (ULSFO) to bunker operators.
Beyond the provision of fuels, Our team of experienced industry professionals provide logistical counsel on the storage of various fuels and their distribution among the shipboard tanks of destination vessels.
Storing and Blending
Oil is a catch-all term for a vast variety of carbon-based substances employed in diverse fields of industry, and commerce and vital to the daily lives of billions of people.
With the massive variation in utility provided by different compositions of oil-derived products, it is often essential for firms to produce bespoke formulations. Utilizing tailor-made and highly precise systems of flow meters, control valves, analyzers, and blending tanks these products can be blended quickly and at favorable rates for both the blenders and clients.
Riche Commodity Trading acts as an intermediary to arrange leased capacities in storage and blending facilities. Through our established network of partners, we enable clients to store and blend bespoke formulations to deliver optimal products, fulfilling the requirements of and responding to an ever-changing market.
Logistics
The modern world runs on trade, port-to-port, nation-to-nation, and across continents goods and energy move around the globe from their port of origin to points of consumption.
The design and implementation of these complex operations are undertaken by a vast international network of experts, institutionalized and solidified over centuries. In the business of commodity trading, the understanding of these systems and institutions is critical to efficient operation; optimizing cost, speed, and security of clients’ investments.
The team of logistics experts at Riche Commodity Trading is integral to our operation, enabling the coordination of crude and oil-derived product delivery to a vast network of international seaports. By utilizing longstanding relationships with major shipping firms and through the use of advanced analytical algorithms our team is able to perform logistical tasks to the highest degree of efficiency.
Experience and Technology create Opportunity.
Our Team is dedicated to providing the highest level of service and expertise.
Riche Commodity Trading Ltd. is a Labuan Trading Company mainly involved in the trading of oil products, with key markets in Europe and South-East Asia. The Company's principal activity is the trading of crude oil, fuel oil, VGO, naphtha, gasoil, diesel, and gasoline as well as bunker fuels.
Our highly qualified and experienced team has been involved in petroleum trading for more than 25 years.
Experience and a deep understanding of market tendencies, influenced by global economic trends and geopolitical phenomena, are essential to meet energy demands.
The Company’s business model is based on sourcing new trading opportunities while maintaining existing ties with Global oil producers, refineries, and shippers in Europe, the Middle East, and South-East Asia.
With associate offices in Turkey, London, Geneva, and Singapore we are strategically positioned to meet the ever-changing energy flow and demand.