Global Integrated Supply & Optimisation
In a fragmented market where no single company has a dominant position, the Prax Group has a global presence. It is actively involved in all of the major markets and is 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 are sourced from varied and disparate counterparties. Our physical integrated supply and optimisation business is underpinned by our team’s expertise in sourcing crude 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.