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Mineral Fuels, Oils & Solid Energy

Sell offers and buy requests for Mineral Fuels, Oils & Solid Energy, posted by companies and agreed directly between them.

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About Mineral Fuels, Oils & Solid Energy trade

Fuels and energy products include crude oil, oil products such as diesel, gasoline, jet fuel, naphtha and fuel oil, bitumen, lubricants, coal, petroleum coke, LPG, LNG and biofuels. Buyers are refiners, utilities, industrial users, distributors and traders. Specifications are standardised and contracts are usually based on named grades and independent quality inspection.

Products

Crude Oil · Coal (Thermal & Coking) · Petroleum Coke (Petcoke) · Gasoline · Gasoil / Diesel · Kerosene / Jet A-1 · Naphtha · Fuel Oil (VLSFO / HSFO) · Bitumen / Asphalt · LPG (Propane / Butane) · LNG · Lubricating Oils · Biofuels / Biodiesel

Bulk Mineral Fuels, Oils & Solid Energy offers: FOB, CFR and CIF terms available

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Who trades Mineral Fuels, Oils & Solid Energy in the world

Looking at the 7 products of this group together, the largest exporting countries in 2024 were United States, Saudi Arabia, Russia, United Arab Emirates, and the largest importing countries were China, India, United States, Japan. Open a product to see the figures for that product alone.

Top exporting countriesTrade value
United StatesUSD 226.5 billion
Saudi ArabiaUSD 191.1 billion
RussiaUSD 164.3 billion
United Arab EmiratesUSD 128.3 billion
CanadaUSD 121.6 billion
AustraliaUSD 109.1 billion
Top importing countriesTrade value
ChinaUSD 400.6 billion
IndiaUSD 208.4 billion
United StatesUSD 176.5 billion
JapanUSD 147.6 billion
South KoreaUSD 133.7 billion
NetherlandsUSD 69.8 billion

Source: OEC (BACI/CEPII), 2024. Sums of the main trading countries of each product in the group; by every mode of transport, not only by sea.

How Mineral Fuels, Oils & Solid Energy is shipped

Crude oil and oil products travel in tankers of several sizes, from small coastal tankers to VLCCs. Coal and petroleum coke travel in dry bulk carriers. LPG and LNG travel in gas carriers with pressurised or refrigerated tanks. Bitumen travels in heated tankers.

What buyers and sellers compare

Buyers compare the grade and specification, density, sulphur content, flash point or heat value, the loading terminal and the delivery window. For tankers the vessel vetting and the loading and discharge ports are part of the terms.

When the terms are agreed, you can explore suitable vessels on Shipfixing.

Questions about Mineral Fuels, Oils & Solid Energy

What is the difference between crude oil and oil products?

Crude oil is the raw oil from the well. Oil products such as diesel and gasoline are made from it in refineries and have their own specifications.

How is LNG different from LPG at sea?

LNG is natural gas cooled to a very low temperature to a liquid, and LPG is propane and butane that are liquefied under pressure or at moderate cooling. They travel in different types of gas carriers.