Crude oil

OTI is one of the largest traders of Omani crude and continues to expand its portfolio to other grades meeting our customers’ requirements.

Fueling much of modern life, raw crude is one of the most important commodities in the world today. Petrol in cars, fuel for planes and power to millions of homes across the globe – all of these are derived from crude oil. Its constituent elements are used in fields as disparate as plastics and pharmaceuticals. We work with some of the world’s leading suppliers of crude oil to source the best product to be sold on or, through our partnerships with refineries such as Oman Refineries & Petroleum Industries Company (ORPIC), refined into various petrochemical products.

In 2006 OTI started trading at 14,000 barrels of crude oil a day. Today, as one of the largest off-takers of physical Oman crude oil globally, we trade more than 120,000 barrels of crude oil on a daily basis.