Oil brokers are involved in the business of broking, sales and marketing of various oil products.
Oil brokers also act as the middle persons between oil buyers and sellers where they facilitate the negotiations and business transactions between the two parties.
As part of their duties, they seek out clients who are capable of selling oil products and those who are financially able to buy the same products. Oil brokers are therefore required to understand the market trends of oil trading by following and analyzing financial news and market reports.
Oil brokers in Singapore can be found in financial centers and offices where they track oil market movement and make critical business decisions on the same.