Aramco Trading

Name

Aramco Trading

Legal name

Aramco Trading Company

Website

https://aramcotrading.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Energy Commodity Trading

NAICS

Petroleum and Petroleum Products Merchant Wholesalers (4247), Petroleum Bulk Stations and Terminals (424710), Marine Cargo Handling (488320)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Wholesale-Petroleum Bulk Stations & Terminals (5171), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Crude Oil & Refined Products Trading & Marketing (EUAGAAAD)

Keywords

• Crude oil trading
• Petroleum products trading
• LNG trading services
• Energy commodity trading
• Marine bunkering services

Headquarters

HQ city

Dhahran

HQ country

Saudi Arabia

HQ region

Middle East

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Physical Commodity Trading: Aramco Trading generates revenue through trading physical crude oil, refined petroleum products, LNG, LPG, and chemicals. The company earns trading margins by buying and selling commodities while integrating Saudi Aramco's global downstream assets, providing feedstock to refineries, and optimizing the Saudi Aramco system.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Aramco Trading is the global energy commodity trading arm of Saudi Aramco, trading crude oil, refined petroleum products (gasoline, diesel, jet fuel, naphtha, fuel oil), LPG, LNG, sulfur, petcoke, and chemicals. The company operates through wholly-owned subsidiaries in Dhahran, Singapore, Fujairah, London, Houston, and Dubai, supplying feedstock to refineries, providing vessel chartering and shipping services, and operating storage and blending facilities in major global trading hubs. It integrates Saudi Aramco's downstream assets while expanding third-party trading to a target volume of 6 million barrels per day.

Product overview

Aramco Trading Company operates as an integrated global energy trading platform and wholly-owned subsidiary of Saudi Aramco. The company offers a diversified portfolio of petroleum products, crude oil, LPG, LNG, and chemicals through a network of five regional subsidiaries (Aramco Trading Americas in Houston, Aramco Trading Singapore, Aramco Trading Fujairah, Aramco Trading Limited in London, and Aramco Trading Dubai). Core trading products include Crude Oil & Condensate, LNG, LPG, Naphtha, Gasoline, Jet Fuel, Diesel, Fuel Oil, Sulfur, PetCoke, and Chemicals (Benzene, Paraxylene, MTBE, Olefins). The integrated business model combines trading operations with physical infrastructure including storage and blending facilities in major trading hubs (Rotterdam, Fujairah, Yanbu, Ain Sukhna), chartering and shipping services, and risk management. The company expanded into chemical trading in 2020 following SABIC integration and launched Americas operations in 2023 via Motiva acquisition. Geographical expansion since 2018 includes subsidiaries across Singapore, Fujairah, London, Dubai, and Houston.

Differentiator

Problem solved

Functional benefit

Products and services

• Crude Oil & Condensate Aramco Trading trades a diversified portfolio of internationally traded crude grades sourced from Asia, Europe, Africa, and the Americas, integrating downstream refining assets and providing refineries with feedstock selections.
• LNG (Liquefied Natural Gas) Global LNG supply and trade operation that supplies affiliates with their LNG requirements and supports the company's growth in active LNG markets.
• LPG (Liquefied Petroleum Gas) An established LPG trading operation with global presence, strong logistics network, control of storage, and chartering facilities to tailor cargo specifications.
• Naphtha One of the largest naphtha traders globally, serving petrochemical companies, refineries, and other industrials with heavy, light, full-range, low-sulfur, reformer feed, and gasoline blending grades.
• Gasoline One of the largest gasoline players in the market, operating storage and blending facilities worldwide and trading blending components including MTBE, Reformate, PYGAS, Isomerate, and Alkylate.
• Jet Fuel Major player in the global jet fuel market, exporting to major aviation hubs including UK, UAE, and Singapore, with diversified supply to South Korea, China, Malaysia, India, Egypt, and Arab Gulf countries.
• Diesel Global diesel portfolio with multiple sulfur grades, holding a major market share and providing stable and diversified diesel supply into Africa, India, Egypt, Europe, and Asia.
• Fuel Oil Global portfolio of HSFO, SRFO, VGO, and VLSFO with multiple trading hubs, providing bunkering supply service with blending and storage facilities in Rotterdam, Fujairah, Yanbu, and Ain Sukhna.
• Sulfur One of the prime exporters of sulfur from the Arabian Gulf and Red Sea region, offering a wide range of sulfur-based products for industrial use, micronized into distinct grain sizes.
• PetCoke Largest exporter of high-sulfur PetCoke in the Middle East, focusing on innovative origination strategies, trading flows, and delivery methods.
• Chemicals Chemical Trading business that grew rapidly following SABIC integration, with product portfolio including Benzene, Paraxylene, MTBE, and Olefins. The company has been actively trading in Aromatics since 2012.
• Chartering & Shipping Services One of the leading global charterers, transporting clean, dirty, LNG, LPG, and dry bulk products worldwide with a large fleet of spot and time-chartered vessels, storage facilities, bulk breaking, and ship-to-ship capabilities.
• Blending & Storage Services Leased storage and blending facilities in major trading hubs including Rotterdam (Holland), Fujairah (UAE), Yanbu (KSA), and Ain Sukhna (Egypt), enabling customization of product specifications for niche markets.
• Risk Management Services Integrated risk management and compliance as part of strategic and operational assessments, including vessel vetting per maritime industry guidelines and OCIMF standards for ship safety and quality assurance.
• Bunkering Services World-class bunkering supply service adopting industry best practices, including VLSFO, HSFO, and MGO with duty-free sales to international customers via Yanbu facilities.

Quantifiable outcome

• Target trading volume of 6 million barrels per day
• +1 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• Caturus (Commonwealth LNG)coreStrategic or Co-development Partner · 13 February 202620-year LNG Sale and Purchase Agreement for 1 million tonnes per annum of LNG from Commonwealth LNG export facility in Cameron Parish, Louisiana. The project has a production capacity of 9.5 million tonnes per annum and is expected to begin operations in 2030. This is a significant long-term offtake agreement securing LNG supply for Aramco Trading.
• Motiva Enterprises LLCcoreStrategic or Co-development Partner · 18 January 2023Acquisition of Motiva's trading arm leading to the establishment of Aramco Trading Americas LLC (ATA) in Houston, Texas. ATA is the sole supplier and offtaker of Motiva Enterprises, which owns North America's largest refinery with 630,000 barrels per day crude refining capacity.
• Red Sea National Petrochemicals CompanycoreStrategic or Co-development Partner · 15 February 2022Long-term crude oil supply agreement for Red Sea's planned refinery and petrochemical complex at Suez Canal Economic Zone in Ain Sokhna, Egypt. Aramco Trading will supply 100,000 barrels per day of Arabian Crude with provision for offtake of refined and petrochemical products including polymers, olefins, and liquid refined products.
• Klesch GroupcoreStrategic or Co-development Partner · 10 January 2022Exclusive feedstock supply agreement for Kalundborg Refinery in Denmark. Aramco Trading to exclusively supply 110MBD of crude with trading opportunity for Arabian crude placement and third-party crude and condensate, with provision for refined products offtake. Gives Aramco strategic footprint in North-West Europe refining.
• United PetroleumminorStrategic or Co-development Partner · 22 December 2021Non-binding MoU covering potential long-term fuel supply, product storage and logistics collaboration, and other business opportunities in Australia and elsewhere.
• Minerva BunkeringminorStrategic or Co-development Partner · 22 December 2021Collaboration in Yanbu and Jeddah Red Sea ports for marine fuels supply service. Minerva provides VLSFO, HSFO, and MGO with duty-free sales to international customers using Advanced Delivery Platform (ADP) for digital documentation and transparency.
• OQ SAOC (Oman)minorStrategic or Co-development Partner · 6 December 2021Non-binding MoU to explore joint commercial opportunities in the energy sector, including feedstock supply to Duqm Refinery & Petrochemicals Industries Company LLC (OQ8), product storage, renewables, waste stream, green ammonia, and green hydrogen at Duqm port and Ras Markaz crude oil storage terminal.
• ONGC (Oil and Natural Gas Corporation)coreStrategic or Co-development Partner · 18 November 2021MoU to explore long-term supply contracts for crude, refined petroleum, and petrochemical products to create secure and competitive energy sources for the Indian market. Both parties to utilize affiliates including MRPL, OPaL, MPL for ONGC and Aramco Trading for Saudi Aramco.
• PT Chandra Asri PetrochemicalminorStrategic or Co-development Partner · 12 October 2021MoU exploring potential opportunities for Aramco Trading to supply feedstock for Chandra Asri Perkasa (CAP2) operation, Indonesia's second world-scale petrochemical complex. CAP2 will ramp up production capacity from 4.2 million to over 8 million tons annually.
• SABICcoreStrategic or Co-development Partner · 29 April 2020Realignment of marketing and sales responsibilities: SABIC focuses on petrochemicals while Aramco Trading focuses on fuel products. Transfer of offtake, resale and sourcing of SABIC fuel products (Benzene, MTBE, gasoline blending components, EU cracker feedstocks) to ATC.

Scale indicators5 records

Recent moves12 records

Expansion highlights8 records

Direct peers

• Mercuria Energy Trading: Mercuria is a major independent energy and commodities trader focused on crude oil, refined products, natural gas, and environmental products. Directly comparable to Aramco Trading in midstream/downstream physical energy trading, with similar private ownership and global presence in Geneva, Singapore, and Houston.
• Glencore: Glencore is one of the largest diversified commodity traders globally with significant oil and refined products trading operations alongside metals and mining. Comparable to Aramco Trading in petroleum product trading, integrated logistics, and global office network, though Glencore is broader across commodities.
• Trafigura: Trafigura is a leading independent commodity trader specializing in oil, refined products, and metals, with substantial physical infrastructure and shipping. Closely comparable to Aramco Trading in physical energy trading scale, integrated chartering operations, and global hub presence (Singapore, Geneva, Houston).
• Vitol: Vitol is the world's largest independent energy and commodities trading house, moving crude oil, refined products, LNG, and petrochemicals globally. Directly comparable to Aramco Trading as a top-tier physical energy trader with similar product breadth (crude, distillates, LPG, naphtha) and global office footprint.
• Gunvor Group: Gunvor is a top-tier independent commodities trader specializing in crude oil, refined products, and LNG trading, with a strong physical infrastructure footprint. Comparable to Aramco Trading in physical oil and refined product trading and shipping integration, though smaller in chemicals and LNG.

Broad incumbents

• TotalEnergies Trading: TotalEnergies operates a global trading arm spanning crude, refined products, LNG, and petrochemicals as part of an integrated supermajor. Comparable to Aramco Trading in physical oil and gas trading, with stronger LNG shipping integration (Total is one of the largest LNG portfolio holders globally).
• Shell Trading & Supply: Shell's integrated trading arm trades crude, LNG, refined products, and chemicals at massive scale as part of a broader integrated oil major. Comparable to Aramco Trading's crude, LNG, and refined product portfolio; notably, Aramco Trading's CFO previously held VP Finance for Global Crude Trading & Supply at Shell.
• BP Trading: BP's trading division handles crude oil, refined products, natural gas/LNG, and power trading as part of its integrated energy major operations. Comparable to Aramco Trading in physical oil and gas trading, with broader portfolio including renewables and power.

Regional players

• Mitsui & Co. Energy Trading: Mitsui is a Japanese trading house (sogo shosha) with substantial energy trading operations in crude oil, LNG, and petroleum products, primarily focused on Asia. Comparable to Aramco Trading in Asian crude/LNG trading and Japanese/Korean downstream customer relationships, though Mitsui is broader across non-energy commodities.
• PetroChina International: PetroChina International is the trading arm of CNPC and one of Asia's largest energy traders, focused on crude oil, refined products, and LNG across the Asia-Pacific region. Comparable to Aramco Trading's Singapore/Asia operations (ATS) in product breadth and Chinese/Indian demand focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/aramco_trading
• LinkedInlinkedin.com/company/saudi-aramco-products-trading-company-aramco-trading-

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aramco Trading