Fuel Oil

Gulf Petrochem trades annually in excess of 5 million tonnes of petroleum products globally. Historically, fuel oil has been our major volume driver in the past with peak volumes traded close to 3.5 million tonnes annually. 

We are blenders and traders of bunker, utility and feedstock grade fuel oil mostly utilizing our assets in the Middle East as well as our major trading positions in the Far East. 

Gulf Petrochem is strategically integrated all the way to retail end on bunkers on the major ports in the world and we use this structure along with our various trading positions on spot / term and arbitrage cargoes to make an effective fuel oil ecosystem.