SVE SUPPLY & RISK MANAGEMENT
SVE is a leading procurement team for a multitude of physical fuel products with the technical skills and technology to maintain synchronized financial hedges on all inventory under management.
Developed over its long history, SVE maintains strong relationships with supply partners including major refiners, global trading companies, and integrated brokerages active in the distillates market.
In this segment, the team focuses on a range of heating oil and on-road diesel grades in several cash-markets providing its customers reliable supply in all market conditions.
SVE has an extensive history in residual fuels dating back to its earliest origins. At that time, SVE, was the largest city-spec #6 Oil distributor in the New York Harbor demonstrating an unparalleled knowledge of viable blend-stocks & trade partners. Currently, the group remains active in the city-spec #4 Oil market and leverages its years of residual chemistry expertise to source quality fuel while delivering beyond market value.
As a major participant in the New York City heating oil market, which is legislatively mandated to include renewable product on a percentage basis in each gallon of fuel, SVE actively engages domestic and global biodiesel and renewable diesel markets. This involvement ranges in relationships from domestic producers to large commodity trading firms.
The group has been an early adopter in aggressively marketing renewable products realizing the importance of the initiative, the longevity of the technology, and understanding the improvement in the fuel's quality as feedstock sourcing and processing protocols have matured within the industry over time.
SVE's mission is to keep all physical products under its management hedged at all times when possible in aim of the avoidance of market risk deteriorating its core business’s margin. To achieve this mission the group's experienced traders utilize an array of physical and financial strategies depending on market conditions.
The team boasts tested internal procedures and in-house developed tools (including extensive forecasting models & inventory shaping models) to mitigate undue risk. Above all, SVE maintains a proven track record of over 30+ years for being a reliable and trustworthy partner in regards to reducing inventory risk.