Energy Commodities & Refinery Products — Bitumen · Base Oils · Diesel

What we source

Six refinery products.
Gulf-origin, globally delivered.

From road-grade bitumen to calcined petroleum coke — SLOI AI sources the full range of refinery outputs and energy commodities direct from Aramco and ADNOC, with delivery to MENA, Africa, Asia, and Europe.

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Bitumen & Asphalt — 60/70 · 80/100 · PMB

$280–420 / MT FOB

Penetration-grade bitumen 60/70 and 80/100 (EN 12591) for hot-mix asphalt and road base layers. Polymer-modified bitumen (PMB / SBS-modified) for high-traffic highways, airports, and bridge deck waterproofing. Oxidized (blown) bitumen R85/25 for roofing membranes and industrial waterproofing. Supplied in bulk tanker, 185kg drums, or flexi-bags. Saudi Aramco's Jeddah and Yanbu refineries are the benchmark Gulf bitumen origins. Minimum lot: 500 MT bulk or 200 drums.

🇸🇦 Aramco — Jeddah · Yanbu 🇦🇪 ADNOC Ruwais 🇰🇼 KNPC Kuwait 🇴🇲 OmanOil

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Industrial Base Oils — SN150 · SN500 · Group I/II/III

$620–950 / MT FOB

Solvent-neutral (SN) paraffinic base oils SN150 and SN500 (Group I, API) for engine oil blending, industrial gear oils, and metalworking fluids. Group II hydrotreated base oils (VHVI) for modern low-viscosity engine lubricants meeting ACEA/API SN standards. Group III synthetic-equivalent base oils for premium blenders. Saudi Aramco Lubricating Oil Refinery (SAMREF, Yanbu) and ADNOC's Ruwais refinery are the two primary Gulf base oil producers. ISO grades 32 to 460 available.

🇸🇦 SAMREF — Aramco Yanbu 🇦🇪 ADNOC Ruwais 🇰🇼 KNPC Shuaiba

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Diesel / Gas Oil EN590 — ULSD 10ppm · 50ppm

$620–780 / MT FOB

Ultra-low sulphur diesel (ULSD) EN590 10ppm for EU, GCC, and North African markets. Gas oil 50ppm for emerging market and generator-grade requirements. D2 diesel (GOST standard) for former-Soviet and Central Asian buyers. Cetane index 51+, cloud point on request for cold-climate destinations. Suitable for transportation fleets, diesel power plants (200–2,000 kVA), and heavy construction equipment. Fujairah is the world's second-largest bunker and petroleum storage hub — ADNOC's Ruwais refinery feeds Fujairah terminal for fast MENA delivery.

🇸🇦 Aramco — Ras Tanura 🇦🇪 ADNOC — Ruwais · Fujairah 🇰🇿 KazMunayGas

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Fuel Oil — HSFO 380CST · VLSFO 0.5% · LSFO

$400–560 / MT FOB

High-sulphur fuel oil (HSFO) 380 CST for non-ECA-zone bunker, heavy industry, and power plant feedstock. Very-low-sulphur fuel oil (VLSFO 0.5% S, IMO 2020 compliant) for vessel bunkering across ECA and global routes. Low-sulphur fuel oil (LSFO 1% S) for power generation in Africa and South Asia. Saudi Aramco is the world's largest single-source fuel oil supplier — Ras Tanura and Jubail export terminals dispatch globally. UAE's Fujairah bunkering hub is the world's second-largest bunker port, enabling 24-hour stem delivery to vessels.

🇸🇦 Aramco — Ras Tanura · Jubail 🇦🇪 Fujairah bunker hub 🇮🇶 Basra — SOMO

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Naphtha — Light & Heavy — Petrochemical Feedstock

$540–680 / MT FOB

Light naphtha (C5–C6, IBP 30–90°C) as gasoline blending component and reformer feedstock. Heavy naphtha (C6–C10, IBP 90–175°C) as steam cracker feedstock for ethylene and propylene production — the primary feedstock for new petrochemical complexes across MENA and South Asia. Full-range naphtha for trading and blending operations. Saudi Aramco's Ras Tanura is the world's largest naphtha export terminal. ADNOC's Borouge complex in Ruwais is a key buyer and re-exporter of naphtha-derived feedstocks. Typical cargo size: 25,000–80,000 MT on MR or LR2 tankers.

🇸🇦 Aramco — Ras Tanura 🇦🇪 ADNOC — Ruwais 🇶🇦 QatarEnergy

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Petroleum Coke — Green & Calcined

$80–220 / MT FOB

Green petroleum coke (GPC, 3–7% S, 5–12% VM) as fuel-grade coke for cement kilns, lime kilns, and industrial boilers — 30–40% cheaper than coal on a calorific-value basis. Calcined petroleum coke (CPC, 0.5–1% S, <0.5% VM) as anode-grade feedstock for aluminum smelters (GCC, India, Africa) and graphite electrode manufacturing. Sponge coke for cement and glass; shot coke for fuel applications. Saudi Aramco's Jubail and Yanbu refineries produce among the world's highest-quality low-sulphur CPC. Minimum lot: 1,000 MT (fuel grade), 500 MT (anode grade).

🇸🇦 Aramco — Jubail · Yanbu 🇦🇪 ADNOC Ruwais 🇶🇦 QatarEnergy NGL

Where we source

Two Gulf giants.
Every refinery product.

Saudi Aramco and ADNOC are the two largest integrated energy companies in the world. SLOI AI accesses their refinery outputs and trading arms for direct-origin pricing — no European or Asian intermediary margin.

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Saudi Arabia — Aramco · SAMREF · SATORP

Saudi Aramco operates the world's largest refinery network — Ras Tanura (550,000 bpd), Jubail (400,000 bpd via SATORP JV with Total), and Yanbu (SAMREF JV with ExxonMobil, 400,000 bpd). Combined throughput exceeds 3.5 million barrels per day. Aramco Trading Company is the principal export arm for all refined products — bitumen, base oils, diesel, fuel oil, naphtha, and pet coke. Saudi Arabia's Red Sea and Arabian Gulf ports give it the shortest routing to MENA, East Africa, South Asia, and the Mediterranean simultaneously.

Bitumen 60/70 · PMB Base oils SN150/500 Diesel EN590 HSFO · VLSFO Naphtha Calcined pet coke

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UAE — ADNOC Ruwais · Fujairah Bunker Hub

ADNOC's Ruwais refinery complex (900,000 bpd) is the largest single refinery in the Middle East and one of the largest globally. Ruwais produces the full product slate including premium base oils, low-sulphur diesel, bitumen, and naphtha. Fujairah is the world's second-largest bunkering port — VLSFO and HSFO available for vessel stemming within 24 hours. ADNOC Distribution and ADNOC Trading handle B2B supply for all product categories. Jebel Ali (JAFZA) provides re-export capability for blended or repackaged cargoes.

Ruwais — full product slate Fujairah VLSFO bunker Base oils Group I/II Diesel · Naphtha JAFZA re-export

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Kuwait — KNPC · Mina Al-Ahmadi

Kuwait National Petroleum Company (KNPC) operates three refineries — Mina Al-Ahmadi (466,000 bpd), Mina Abdulla (270,000 bpd), and Shuaiba (200,000 bpd). Kuwait is a significant bitumen and base oil exporter to South Asia and East Africa. Mina Al-Ahmadi is one of the Gulf's oldest refineries with established trading relationships for fuel oil and diesel. Used as a secondary origin for buyers who need to diversify supplier risk or who have volume beyond Saudi and UAE allocation.

Bitumen · Fuel oil Base oils SN Gas oil · Diesel South Asia · East Africa

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Key demand markets — who buys

Active procurement across road construction, power generation, petrochemical feedstock, and industrial lubrication programmes — all reachable through SLOI AI's sourcing network.

🔥 Iraq road programme 🔥 Libya reconstruction Pakistan fuel · base oils India pet coke import East Africa diesel SE Asia naphtha Egypt · Tunisia roads Turkey blending hubs

Reference pricing

Indicative prices.
Bitumen to pet coke.

FOB prices from Saudi Arabia and UAE origins — July 2026. All prices are market-linked and subject to Platts/Argus index at time of delivery. SLOI AI negotiates within these ranges and selects the lowest landed-cost origin for your destination port.

Product	Grade / Spec	Best origin	FOB Price	Min Lot	Status
Bitumen 60/70	EN 12591 · penetration grade · bulk tanker	🇸🇦 Aramco / 🇦🇪 ADNOC	$280–340/MT	500 MT	Available
Bitumen 80/100	EN 12591 · bulk tanker or 185kg drum	🇸🇦 Aramco / 🇰🇼 KNPC	$270–330/MT	500 MT	Available
PMB (SBS-modified bitumen)	EN 14023 · PMB 45/80-55 or 25/55-55	🇸🇦 Aramco / 🇦🇪 ADNOC	$370–420/MT	200 MT	Available
Base Oil SN150 (Group I)	API Group I · Vis 28–35 cSt @ 40°C	🇸🇦 SAMREF Yanbu	$620–720/MT	200 MT	Available
Base Oil SN500 (Group I)	API Group I · Vis 90–110 cSt @ 40°C	🇸🇦 SAMREF / 🇦🇪 ADNOC	$680–790/MT	200 MT	Available
Base Oil Group II (VHVI)	API Group II · <0.03%S · VI 100+	🇦🇪 ADNOC Ruwais	$800–950/MT	100 MT	Available
Diesel EN590 ULSD 10ppm	EN 590:2022 · 10ppm S · Cetane 51+	🇸🇦 Aramco / 🇦🇪 ADNOC	$660–780/MT	500 MT	Available
Gas Oil 50ppm (D2 equivalent)	50ppm S · industrial / generator grade	🇸🇦 Aramco / 🇦🇪 Fujairah	$620–720/MT	500 MT	Available
HSFO 380 CST	ISO 8217 RMG380 · <3.5%S · bunker	🇸🇦 Ras Tanura / 🇦🇪 Fujairah	$400–480/MT	1,000 MT	Available
VLSFO 0.5% (IMO 2020)	ISO 8217 RME180 · <0.5%S · global bunker	🇦🇪 Fujairah hub	$480–560/MT	500 MT	Available
Light Naphtha	C5–C6 · IBP 30–90°C · reformer feed	🇸🇦 Ras Tanura / 🇦🇪 ADNOC	$540–620/MT	5,000 MT	Available
Heavy Naphtha	C6–C10 · IBP 90–175°C · cracker feed	🇸🇦 Aramco / 🇶🇦 QatarEnergy	$580–680/MT	5,000 MT	Available
Green Petroleum Coke (fuel grade)	3–7%S · 12,000+ BTU/lb · bulk vessel	🇸🇦 Aramco Jubail	$80–130/MT	5,000 MT	Available
Calcined Petroleum Coke (anode grade)	<1%S · <0.5%VM · real density 2.04+	🇸🇦 Aramco Yanbu	$170–220/MT	500 MT	Available

Prices indicative · July 2026 · Market-linked to Platts/Argus at delivery · All deals subject to Boss approval before LOI issuance · OFAC screened · SGS/Intertek inspection standard

Why SLOI AI

Built for energy
commodity trade.

Energy commodity procurement is dominated by large trading houses and opaque pricing. SLOI AI gives mid-market buyers direct access to Gulf refinery output at Platts-linked pricing — without the trader margin.

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Refinery-direct pricing

SLOI AI's network connects directly to Aramco Trading Company and ADNOC Trading — the official export arms of the world's two largest state refineries. No European or Asian commodity trader intermediary. Pricing is pegged to Platts or Argus index at delivery date, the same mechanism used by the largest energy majors.

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Fujairah — 24h bunker stem

For marine fuel requirements (VLSFO, HSFO, LSFO), UAE's Fujairah is the world's second-largest bunkering port with over 25 storage terminals and more than 100 bunker suppliers. SLOI AI sources and coordinates stem delivery at Fujairah for vessels transiting the Strait of Hormuz, Arabian Sea, and Red Sea — usually within 24 hours of LOI signing.

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Spec verification — SGS standard

Every cargo is subject to third-party quality verification at load port. SGS or Intertek inspectors draw samples, test against agreed specification (EN 12591 for bitumen, API datasheet for base oils, EN 590 for diesel), and issue a certificate of quality before the vessel departs. No cargo ships without a passing Q cert — protecting buyers from off-spec rejections at destination port.

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OFAC-clean Gulf supply

Every energy transaction runs an automated SDN and OFAC check before LOI issuance. Saudi Aramco and ADNOC are the safest counter-parties in the energy trade — no sanctions exposure, no secondary sanction risk from Iran or Russia-origin blending, and full documentation transparency for LC-issuing banks and commodity financing desks.

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Pet coke for cement & aluminum

Saudi Aramco's Jubail and Yanbu refineries produce some of the world's lowest-sulphur calcined petroleum coke — the preferred anode feedstock for GCC and Indian aluminum smelters. Fuel-grade green coke from Aramco is 30–40% cheaper than thermal coal on a BTU basis, making it the cost-optimal fuel for cement kilns across MENA and Africa. SLOI AI handles both grades in the same LOI flow.

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Transparent Pricing

A 500 MT bitumen parcel or a 50,000 MT naphtha cargo — No percentage-of-deal commission, no monthly retainer, no markup on the FOB price. Energy commodity margins are already thin — SLOI AI keeps procurement economics clean.

Refinery-direct.Gulf-origin.LOI in 72h.

Refinery-direct.
Gulf-origin.
LOI in 72h.