TOTSA: A major player in oil trading
Seven active international offices in 120 countries
Trading and price management are two areas in which Total has acquired widely acknowledged expertise, which we apply on behalf of a large number of partners and external customers.
Our trading teams have forged close, long-term relationships with a huge network of customers and suppliers worldwide, including national and international oil companies and all producers, refiners, traders, brokers, distributors and end users. As a result, we have access to widely diversified sources of supply and substantial resources, in addition to the oil refined for us.
The primary objectives of Total Trading & Shipping are to:
Besides this constant push for optimization, Trading is also responsible for managing risks, in particular for limiting our exposure to sometimes extreme price fluctuations, over the space of a month, a week or even day to day.
Our Total Trading & Shipping division is a leading trader in all major global organized and over-the-counter oil markets, including physical markets for crude oil and petroleum products. Our trading specialists deal in the markets every day, buying and selling most grades of crude oil and nearly all refined products, such as fuel oil, gasoline and diesel.
Our trading expertise is rooted in knowing exactly what refineries and industrial customers need, a thorough grasp of energy fundamentals and each market's specific characteristics, and an ability to analyze events in real time. These traits are matched by impressive responsiveness, thanks to a global network of trading subsidiaries and offices.