• Trading
  • Crude oil & refined products

Crude oil and refined products

The core function of the crude oil and refined products trading teams is to manage the bulk physical flows of oil and price risk created by our exploration, refining and marketing assets.

Our trading teams manage the trading of crude oil and refined products (such as fuel oil, gasoline, jet fuel, LPG, and diesel amongst others). The teams look at BP’s production, and make trades to optimize BP’s own supply, as well as to generate income for the company based on the price differences between markets.

Trading in crude and refined products is organised into global teams for each product area, with traders primarily based in London, Chicago, and Singapore.