Oil and oil trading are broadly used terms. You can make a clear breakdown of the oil trading industry by various segments in the oil and gas value chain. Each segment has its own dynamics and is different in the way it does business.
The downstream chain consists mostly of refiners, wholesalers, importers, international traders, retailers, bunkering stations and service stations.
These customers contact PJK International for support in optimizing their trading and risk management strategies within the oil market. Optimization is done by econometric modeling and simulation of specific business situations and market conditions.
Oil is the most widely traded commodity worldwide. Its importance is reflected in the large share of media attention where the development of oil prices are reported alongside stock indexes and foreign exchange rates.