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Oil Trading and Storage

Petroleum Trading & Storage

At Veru Oil Petroleum Trading Corporation, we bridge energy supply and demand by offering a complete portfolio of crude and refined petroleum products combined with world-class storage solutions across key global hubs.

What We Trade

  • Crude Oil & Condensate – Sourced from the Middle East, West Africa, and North America.
    • Light, medium, and heavy grades available on FOB or CIF basis.
  • Fuel Oil (HSFO 280/380 CST) – Bunker and power-generation grades, available ex‑tank or ship‑to‑ship transfer from our UAE terminals.
  • Naphtha, Gasoil & Gasoline – Clean and dirty cargoes for refiners, blenders, and distributors across Asia and Africa.
  • Base Oil (Group I & II) – Bulk and flexi‑tank supply for lubricant producers.
  • LPG & LNG – Regional liftings and floating storage solutions for utilities and off‑grid buyers.

Our Key Operational Areas

We manage three strategic hubs that ensure global coverage:

Fujairah, UAE – 220,000 m³ dedicated to crude oil and HSFO exports, directly on the Gulf of Oman for easy deepwater access.

Hamriyah Free Zone, UAE – 430,000 m³ for clean products, blending, and coastal bunkering operations.

Port Klang, Malaysia – 150,000 m³ bonded storage for LPG, LNG, condensate, and clean petroleum cargoes (expanding in 2025).

 

Why Choose Veru Oil?

  • Fast Liftings – 24/7 terminal operations with automated gauging and monitoring.
  • Flexible Logistics – Seamless ship-to-ship transfers, FOB/CIF execution, and integration with Veru Oill’s own logistics division for global delivery.
  • Global Compliance – All facilities meet IMO, API, and ISO standards with full environmental and safety oversight.
  • Real-Time Visibility – Clients can track inventory and lifting schedules online.

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Integrated Supply Chain

Every barrel we trade or store is backed by Veru Oil’s logistics network, including:

  • Vessel chartering (tanker and container ships).
  • Container leasing, purchase, and resale.
  • Documentation, customs clearance, and transshipment support.
  • Strategic routes through Asia, the Middle East, West Africa, and the Americas.