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Crude OilS.E.T. Select Energy GmbH’s main regions of activity are Europe, USA, West Africa and the Commonwealth of Independent States (CIS) such as Russia, Azerbaijan, Kazakhstan, Turkmenistan and Uzbekistan. We trade and transport various types of crude oils by sea, pipeline, rail or road.

S.E.T.’s  objective is to widen the portfolio of crude oils, to accumulate them and to supply refineries with their required qualities and quantities at a competitive market price from different producers and sources.

Through the years, the crude team has developed a severe understanding of the way regional and global markets operate. S.E.T. maintains an intelligence-gathering network that spans all main oil producing and consuming areas in the regions.

The crude team seeks not only to understand today’s market but also to predict tomorrow’s supply and demand developments.  

In addition to the primary role of marketing physical crude the team hedges possible price risks in the futures markets in London and New York as well as in the various derivates markets.