Market Size

Veru Oil Petroleum Trading Corporation operates in the vast and dynamic global oil and gas market, valued at over $4 trillion annually. The demand for petroleum products remains strong, particularly in key regions such as the Middle East, Africa, and Southeast Asia, where industrial growth and energy needs continue to rise.

With a focus on crude oil, LPG, refined products, and lubricants, Veru Oil taps into high-demand sectors, with global oil consumption projected to reach over 100 million barrels per day by 2025. Emerging markets, especially in Africa and Southeast Asia, present significant growth opportunities as infrastructure and energy demand expand.

As we continue to expand our product offerings and strengthen our logistics capabilities, Veru Oil is well-positioned to capture a growing share of this multi-billion-dollar market.

Market Targeting

Veru Oil targets key regions with growing energy demand, allocating its resources strategically as follows:

·         Middle East (40%): The region remains a core focus due to its role as a major oil-producing hub and its extensive refinery infrastructure. Our longstanding relationships with national oil companies make this a primary market.

·         Africa (25%): Emerging economies in Africa offer significant growth opportunities, driven by increasing industrialization and energy needs. We aim to capture a substantial share of the market as infrastructure expands.

·         Southeast Asia & South Asia (20%): With rapid economic growth and a rising population, these regions present strong potential for petroleum product demand, especially for LPG, gasoil, and refined products.

·         Europe (15%): Our trading activities in Europe focus on refined products, base oils, and lubricants, capitalizing on established markets with steady demand.

This targeted approach enables Veru Oil to maximize growth and adapt to evolving global energy trends.

Market Validation

Veru Oil Petroleum Trading Corporation has established a strong foundation for market validation through several key factors:

1.      Industry Expertise: With decades of experience in the oil and gas sector, our team possesses deep knowledge of market dynamics, enabling us to navigate challenges effectively.

2.      Strong Partnerships: Our relationships with national oil companies and leading refineries validate our market presence and reliability, ensuring consistent supply and demand.