Universal Group Energy B.V.



Crude oil

The Group entered the oil trading market in the Mediterranean in 2017. Our team trades crude on term and spot contracts with a focus on established markets in regions including the Arabian Gulf, the Red Sea and the Far East. 

We trade in both sour and sweet grades. They are sourced against term supply contracts or on spot basis, and offered to refineries against tenders or on direct sales, processing or product buyback arrangements.

Fuel Oil

Our trading activities have increased in the Eastern Mediterranean and trading opportunities have further expanded through term supplies in various geographical regions. UGE has mainly sourced from the Americas, Red Sea, the Arab Gulf and the Indian sub-continent regions, depending on arbitrage opportunities. 


UGE is rapidly becoming a key player in the trading, transportation and production of bitumen in the Mediterranean, Africa and the Arab Gulf. Bridging the gap between the demand markets and suppliers, UGE has formed strong partnerships with both and continues to expand our activity in this area.   


UGE has developed a LNG trading desk with a dedicated team of experienced professionals and entered into a number of MSA's with leading international and national LNG producers and suppliers.


UGE started trading LPG in April 2018.

Additional Products

We trade all the components of the barrel, as well as specialised oil products and gas, to meet our clients' needs.