Crude oil is a natural fossil fuel which, once refined, is used to create most of the energy sources used industrially and domestically, from gasoline and diesel to power vehicles, to jet fuel for aircraft and fuel for ships. It is also used widely in the production of chemical products such as pharmaceuticals, solvents, fertilisers, pesticides and plastics.
Interactive Energy AG is expanding its global presence for crude oil sellers, trading barrels of crude and condensate (light oil) every day. Additionally, the group trades third-party crude oil.
We at Interactive Energy AG have built up a system for global oil trading from our office in Switzerland. We allow the group to trade around the clock. We believe in the quality distribution and functioning of crude oil in an appropriate quality. This is the reason, we are much focused on the accurate measure of supply, so that, the traders may neither get it, in abundance nor the area may get shortage of it. We follow the proper channel and the procedure of every deal while supplying or trading the crude oil .
In the crude oil market, we use our global presence, market knowledge and logistics capabilities to balance supply and demand, optimise supply chains and service the needs of our customers around the world.
We operate primarily as physical traders. We source oil from a variety of counterparties including public production companies, oil majors and national oil companies. Interactive Energy’s crude team has built strong technical capabilities. This, combined with our deep understanding of physical flows, allows us to identify complex technical issues and respond rapidly to changing market dynamics for non-standard crude oil opportunities.