Global energy trading

Our supply and trading business connects BP to the world’s traded markets for oil, gas, power, refinery feedstocks and currencies

How we apply our expertise to keep the world’s energy moving

Getting BP’s oil, gas and refined products to the people and businesses who need them, wherever they may be in the world, is a complex job.

Our supply and trading teams calculate how much oil and gas from BP’s various production platforms and distribution terminals should go to each of our refineries to be turned into useful products. As products leave the refinery, we ask three questions. Who wants to buy them? Where do they need to go? And how will we get them there?

The global trade in energy resources and oil-based products is complex and sophisticated - prices change constantly, as does demand.

This means activity on our trading floors is always brisk. Traders monitor market information continuously and talk to brokers, refinery staff and the people based in our production operations. They have to be ready to make sound business decisions at a moment’s notice.

"The supply and trading business completes some 550,000 transactions and serves more than 12,000 customers across some 140 countries in a year."

Working with Upstream and Downstream

Our supply and trading activities are the commercial face of BP, and the people and systems within it work closely with our Upstream and Downstream businesses. They enhance BP’s value through the application of distinctive supply, trading, risk management and information technology skills – underpinned by a world-class control infrastructure. 

We trade a varied range of products including oil, natural gas, liquefied natural gas, power and currencies. The supply and trading business completes some 550,000 transactions and serves more than 12,000 customers across some 140 countries in a year.

We create long-term value from our assets by managing the flow of these commodities. We bring our specialized knowledge of safe, reliable energy production and management of production assets, together with our experience of global markets, to create a single commercial face to the world’s traded markets.

In addition to trading physical commodities, we are active in the financial markets, and provide risk management and hedging services for our customers. Because of our access to physical assets, BP’s global trading activity generates a huge amount of information that sets us apart from other companies. Every second, our servers crunch over 157 trillion independent calculations, equivalent to the processing power of 100,000 home PCs.

A career in supply and trading

A large percentage of BP’s turnover flows through our supply and trading activities. Through working with other energy companies, financial institutions, and other partners, our employees gain wide exposure to the sector, creating long-term career development opportunities. 

We have around 3,000 employees, most of who are based in our main trading hubs in London, Chicago, Houston and Singapore - and the passion, ambition, and enthusiasm we have for working at the cutting-edge of trading is clear.

Signatory to the UK HM Treasury’s Women in Finance Charter

Our supply and trading business is a signatory to the UK HM Treasury’s Women in Finance charter. Ensuring we have a diverse workforce is integral to our commitment to building a great team. We know from experience that diversity of thought adds real value to our business, and gender diversity is an important part of this. Signing the Women in Finance Charter is an indication of our global commitment to supporting the development and progression of women into senior roles within our organization.

By 2020, our global goal is for 33% of our group level leaders and senior leaders to be female.

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