SIC Code 6211-03 Description (6-Digit)

Oil brokers are companies that act as intermediaries between buyers and sellers of crude oil and other petroleum products. They facilitate the buying and selling of oil by connecting buyers and sellers, negotiating prices, and arranging for the transportation and delivery of the product. Oil brokers play a crucial role in the oil industry by providing a platform for buyers and sellers to conduct business efficiently and effectively.

Hierarchy Navigation for SIC 6-Digit Code 6211-03

Parent Code (less specific)

6211 - Security Brokers, Dealers, and Flotation Companies

Tools

Trading software platforms
Market data analysis tools
Risk management software
Communication tools (e.g. email, phone, instant messaging)
Transportation logistics software
Financial analysis tools
Compliance and regulatory software
Contract management software
Price reporting tools
Market research databases

Industry Examples of Oil Brokers

Crude oil trading
Petroleum product trading
Oil futures trading
Oil options trading
Oil swaps trading
Oil tanker chartering
Oil storage and transportation
Oil refining and processing
Oil exploration and production
Oil marketing and distribution

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