ISO is the world's leading broker of oil investment, including over-the-counter broking of Swaps, Forwards, and Physical Crude Oil and Refined Products, together with exchange broking of WTI, Brent and Gasoil Futures contracts.
we source and facilitate physical petroleum and petrochemical deals in conventional Team contract or Spot transactions in the oil and gas industry. We also liaise with Oil & Gas trading houses, institutional players, major IOCs, and shipping services, having a historic track record to consummate your oil and gas request.
In the Oil & Gas sector, we work with Major IOC, brokerage firms, and trading houses to provide critical linkage between the major refiners and suppliers of products sourced, at the best prices, while using advanced pricing mechanisms, e.g. - EFP, Swaps, and Hedging, to ensure products bought and sold are transported safely and timely to your final destination.
Dynamic of operation includes a preliminary negotiation with crude oil buyer's request, which is detailed on the letter of intent (LOI), specifying; crude grade and assay specification, nearness to buyer's discharge port, Cost of product, and transportation (freight charges) under any of these Incoterms ( CFR, CIF, DDP or FOB) with signed "Ncnd" Agreement in place.
It is also engaged in tanker and storage tank chartering, stockpiling.
International Affairs with the following vice-directorate :
