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Commodity desk · Petroleum products

Petroleum products

Gasoline, diesel, jet fuel and related energy products moved on term and spot contracts — with inspection scope, documents and payment structure fixed before cargo moves.

Products

What the desk moves

MIDDLE DISTILLATES

Diesel and gasoil

Automotive and industrial grades traded against recognised specifications, with sulphur content and density fixed in the contract.

LIGHT ENDS

Gasoline

Motor gasoline and blending components, contracted on octane, vapour pressure and the specification of the destination market.

AVIATION

Jet fuel

Aviation turbine fuel moved under the quality documentation the receiving terminal and airline operator require.

RESIDUALS

Fuel oil

Residual fuel grades for marine and industrial consumers, contracted on viscosity, sulphur and density.

CONTRACT FORMS

Spot, term and offtake

A single cargo, a multi-shipment programme, or long-term commitments against production.

DELIVERY

FOB, CIF and CFR

Incoterms, laycan and freight arranged end to end — the desk carries logistics rather than handing it to the buyer.

How supply is structured

The desk contracts in its own name: a buyer holds one contract and one counterparty from signature to settlement, and a represented producer is paid by one counterparty rather than by each end buyer. Three contract forms cover most of the flow:

Quality, inspection and documents

Petroleum cargoes are contracted on the parameters the destination market actually enforces — sulphur content, density, flash point and the relevant product specification, supported by a certificate of quality at load port. Independent surveyors verify specification and quantity at loading and at discharge, and the inspection scope is written into the contract before cargo moves — specifications are contractual, not aspirational. Documents travel under letters of credit or documentary collections, and settlement runs through the group's UAE banking infrastructure.

Origins and destinations

The desk originates from refiners and established suppliers across the Gulf, Asia, Africa and the Americas, and sells to industrial consumers, distributors and traders in the markets it covers. Counterparty onboarding — mutual know-your-counterparty and sanctions screening — happens once, at the start of the relationship, not per cargo. Market context for these products is covered in our market notes, and the group's compliance approach is set out under governance.

Other desks: fertilisers · gas · metals · gold & precious.

Questions

Frequently asked

What petroleum products does GIDEX supply?

Gasoline, diesel and gasoil, jet fuel and residual fuel oil, in the grades the destination market specifies. Cargoes are sourced from producers whose standards the desk has verified across its origins.

Which parameters are fixed in a petroleum products contract?

Contracted parameters typically cover the product specification, sulphur content, density and flash point, with a certificate of quality issued at the load port. Every parameter is fixed in the contract and verified by independent surveyors at loading and at discharge.

What contract structures are available?

Spot for a single cargo, term for multi-shipment contracts with agreed volumes and pricing formulas, and offtake for long-term commitments against production.

Does the desk act as a broker or as a principal?

The desk contracts in its own name. Buyers deal with one counterparty from contract to settlement, and producers are paid by one counterparty rather than by each end buyer.

How do I request a petroleum products offer?

Send specification, volume, destination and target terms through the enquiry form or to sales@gidex.com. A costed offer covers price basis and incoterms, laycan, inspection scope, document set and payment structure.

Work with the desk

Two doors, one desk

BUYERS

Request a costed offer

Send specification, volume, destination and target terms — the desk quotes from verified producers across our origins.

PRODUCERS

Get represented

One agreement opens the markets we cover. We verify production standards before we represent — that is what our buyers rely on.