We move the barrel and the paper.

CONTANGO M1/M12 −2.85 SCROLL TO INVERT THE CURVE →

We lift 600kb of Murban a month against a paper book we clear ourselves. Physical and derivatives sit on one desk, one balance sheet, one credit line. When you deal here you deal with the principal.

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01 — THE BOOK

One book. Wet barrels on one side, paper on the other.

PHYSICAL

Term and spot cargoes lifted at the loadport, chartered on our own tonnage, delivered against confirmed letters of credit. We take title. We carry the risk between load and discharge.

PAPER

Futures, swaps and dated-to-frontline spreads hedged against every open cargo. We clear ourselves through two exchanges and hold the margin. The paper book is never a bet — it is the mirror of the wet one.

ASSAY LIBRARY — GRADES WE RUN API GRAVITY ° · SULPHUR % WT · PUBLISHED ASSAYS, INDICATIVE

GRADE API° S % CLASS

Core term grade shown in gold. Others lifted spot against the paper book.

02 — FREIGHT & LOGISTICS

We charter the ship, so the cargo is never someone else's problem.

A standing relationship with owners across the VLCC and Suezmax fleets. Fixtures cleared in hours, laycans held, demurrage settled on our paper. Three lanes run continuously out of the Gulf.

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03 — RISK & CLEARING

Every open position is hedged the day it opens.

DESK · AS AT AUG 2026

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04 — COUNTERPARTY ENQUIRY

Open a line.

Tell us the grade, the volume and the terms. If it fits the book we come back inside a working day with a firm indication, not a brochure.

DIRECT TO DESK — INFO@ROKRAH.COM

✓ LINE OPENED.

Your enquiry is logged to the desk. A dealer will come back on the details you gave — grade, volume, laycan and terms — inside a working day.

TERM SHEET — INDICATION REQUEST REF {{ ref }}

COUNTERPARTY DESK CONTACT GRADE SOUGHT VOLUME · KB / MONTH INCOTERMS LAYCAN WINDOW CREDIT TERMS DELIVERY RANGE

Indication only. No offer is made or accepted until confirmed in writing by both principals.