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RISK & COMPLIANCE
Disciplined risk management. Responsible trading.
Risk management supports our commercial decisions and transaction execution. We assess price exposure, counterparties and contractual requirements, supported by market information, legal advice where appropriate and internal approval controls.
PRICE RISK MANAGEMENT
Price exposure assessed and hedged where appropriate
We assess commodity price exposure arising from physical trades and use hedging where appropriate to manage the effect of market movements. Hedging decisions reflect the structure, pricing period and exposure of each transaction.
Hedging institutions & registrations
When a position is hedged, KB OIL executes it through its registrations with the exchange, brokers and clearing providers shown below.
EXCHANGE
BROKERS AND CLEARING PROVIDERS
CONTRACT REVIEW AND QUALITY MANAGEMENT
Contract review and legal support
External legal counsel supports contract review and wider commercial matters where required. This helps us assess contractual obligations, allocate responsibilities and address transaction-specific issues.
Hadef & Partners
Al Tamimi & Company
QUALITY MANAGEMENT
ISO 9001:2015 certified quality management
KB OIL’s quality management system is certified to ISO 9001:2015 by Intertek for the scope stated in its certificate: Trading of Petroleum products.
Intertek Certification Limited is a UKAS accredited body.
ISO 9001:2015
registered by Intertek
Trading of Petroleum products.
COUNTERPARTY ASSESSMENT AND MARKET INTELLIGENCE
Knowing the counterparty and reading the market
We use business information and market intelligence to support counterparty assessment and commercial analysis. Relevant sources may include company credit information, cargo-flow data and freight-market analysis.
Company credit information
Who a company is and where its credit stands
FOR COUNTERPARTY ASSESSMENT
Vortexa · Cargo flows & freight markets
Cargo-flow data and freight-market analysis
FOR COMMERCIAL ANALYSIS
INTERNAL TRANSACTION CONTROLS
Three internal controls on each transaction
Three internal controls apply to each transaction: who we deal with, what records we keep and who approves.
Counterparty assessment
Review company information and relevant checks before entering a transaction.
Documentation
Maintain and verify the commercial, product and shipping records relevant to each trade.
Approval and escalation
Apply defined approval responsibilities and escalate material exceptions.
CONTACT
Discuss your next trade with KB OIL
Contact our Dubai team to discuss product requirements, cargo offers or strategic partnerships. For trade enquiries, include the product, quantity, delivery location and preferred timing.