While the essence of our trading is sourcing shipping and marketing, we have evolved in numerous ways and are regularly involved in consignment stock transactions. The volume of oil required is decided on a weekly basis to improve cash flows and we are also able to offer extended payment terms as well as pre-export financing. Our lean structure helps us to make rapid decisions in today’s fast evolving world.


Petraco is proud of its worldwide relationships which enable it to move oil almost anywhere around the globe. Our dedicated staff ensures that all is done with utmost professionality and dedication. Our logistics team operates seamlessly with our trading desks to manage freight exposures and to add safety and efficiency to our physical transactions. We regularly charter vessels of all sizes to transport our cargoes.

We only make use of first class insurance companies granting us the necessary security for a smooth operation of the business. Chartering is done spot as well as on a contract for affreightment basis. Time charters are also regularly used.


Oil storage, for both crude and products, is regularly used as a trading tool by our company. Oil storage facilities are made available to the trading desks through long term agreements with the best storage companies.

Petraco currently holds significant storage capacity in the Mediterranean which is strategically placed to take advantage of flows from the Black Sea and Arabian Gulf regions.


Petraco operates in all risk management tools, including the futures market, over the counter swaps and a range of other derivatives. We bring high standards of risk management and operational excellence to our customers while maintaining sophisticated systems, processes and controls.

Financial, operational and market risks are an integral element of commodities trading and physical supply. They cannot be wholly avoided, but can be planned for and managed. We take a comprehensive approach to hedging and marketing to help our clients achieve their goals and objectives.


Our in-depth expertise, combined with our extensive credit lines and our own strong financial condition, allows us to offer a variety of transactional structures. This also gives us the financial transparency and security we require. We engage with all the major trade financing banks.

Our liquid capital structure enables us to provide our clients the working capital they require by extending payment terms using a variety of methods. We are also able to provide pre-export financing to our crude oil and petroleum products producers.