Oil trading

The oil trading sector is an exciting and fast-moving one, with opportunities for new entrants and established businesses.

Moore Stephens, through its network of firms, offers access to professionals in all key oil trading centres, such as Geneva, London, Singapore and the US. We offer expert support and advice to help management teams address risks and build thriving businesses.

We understand the complex financial accounting and reporting issues that arise, particularly in relation to fair value accounting and derivative trading. Combined with our knowledge of the oil trading sector, this allows us to provide focused and effective advice to management teams, enabling you to concentrate on running your business. 

Establishing a robust and comprehensive risk management framework is an essential requirement for any successful oil trading operation. We can help clients establish such a framework, such as the Moore Stephens’ Rhiza risk tool, providing peace of mind that the risk of unauthorised transactions and control breaches has been minimised.

Alongside our external audit and assurance services, we also fulfil an outsourced internal audit role for businesses, as well as completing targeted reviews of financial controls and procedures. In such ways we give management, business owners, shareholders and other stakeholders reassurance that operations are running as they should, in a proper, controlled and professional manner.

We also offer outsourced financial reporting and payroll services, as well as fund-raising expertise.

For more information, contact one of the team.