International Refined Products Trading

Drakensberg Energy Trading focuses on physical refined-products trading across Mediterranean, Black Sea and European markets. Our product coverage includes diesel, gasoline, naphtha and jet fuel. For commercial enquiries, contact trading@drakensbergenergy.com. For general enquiries, contact info@drakensbergenergy.com.

Headline Prices, Physical Realities

Headline prices. Physical realities. The opening days of October have brought competing signals for oil and fuel markets: tighter export availability on one side, and coordinated emergency-stock releases on the other. • China: Reuters reported…

A Price Is Not a Deal

One thing physical trading keeps reinforcing for me: a price is not a deal. The number has to work first. If it doesn’t, there is little point spending hours debating payment instruments, paperwork and logistics.…

The Mediterranean’s Changing Role in Product Trade

The Mediterranean is increasingly becoming more than a destination market for refined products. It is becoming a pivot point. Changes in refinery economics, geopolitical risk, freight, sanctions and traditional trade flows are forcing physical traders…

Why Refined Products Can Diverge from Crude

There are times in this business when watching the crude price alone tells you very little about what is actually happening in the physical market. This is one of those times. Refined products remain exceptionally…

From Product Offer to Physical Delivery

There’s a big difference between having a product offer and having a deal that can actually perform. In middle distillates, particularly ULSD, we’re seeing that difference play out every day. A price on a screen…

Beyond Price in Refined Products Trading

Over the last few weeks I’ve had a number of conversations where the focus has been almost entirely on price. Of course price matters. It always will. But in today’s market, it’s no longer the…

Crude Prices and Physical Market Conditions

The energy market is once again demonstrating the difference between headline crude prices and the realities of the physical market. While optimism around improving crude flows has softened outright oil prices, middle distillates continue to…

Credibility and Long-Term Trading Relationships

Over the past few years I’ve noticed a significant change in our industry. The companies that consistently secure product are rarely the ones paying the highest premiums. More often than not, they’re the ones that…