Comment by cj
8 months ago
Do refineries employ people like you directly? Or do you work for a downstream supplier of some kind? Curious what the supply chain looks like.
8 months ago
Do refineries employ people like you directly? Or do you work for a downstream supplier of some kind? Curious what the supply chain looks like.
Yeah I work for a large oil company. Companies like BP, Shell, Marathon, Valero etc all have oil traders/marketers doing refinery supply. There are also intermediaries like traders at midstream companies, producers (selling the oil), or trading shops like Trafigura, Glencore, Mercuria who are slowly accruing more physical assets. Some hedge funds operate in the phys space as well.