Integrated Supply & Optimisation

In a fragmented market where no single company has a dominant position, the Prax Group has a global presence. We are actively involved in all of the major markets and are one of the largest suppliers of petroleum products in the UK.

Our marketing and supply teams closely track the geographic price differentials between different grades of commodities, with the aim of identifying arbitrage opportunities that make it profitable to move shipments around the world and blend them when it is economically advantageous to do so.

We blend components in order to to cater to specific market demands. These components are sourced from varied and disparate counterparties. Our physical integrated supply and optimisation business is underpinned by our team’s expertise in sourcing crude oil and petroleum products from different regions and maintaining inventory stocks in tanks strategically situated around the globe.  These activities complement and support our downstream business division.

Our ISO team ensures we maximise opportunities end-to-end along the energy value chain, while managing the associated risks. The team is responsible for sourcing crude, feedstocks and finished products to help optimise the performance of our businesses. In essence, ISO provides a central source of shared global market and trading expertise and capability, so that we can create greater value at all points across our integrated energy Group.