Est. 2022 — Singapore — A Sebrina Holdings Company

Energy Trading &
Shipping Across
Global Markets

Lucre Resources is a Singapore-headquartered principal trading house, trading physical crude oil and refined products with national oil companies across Southeast Asia, the Gulf, and North Africa. Incorporated under Sebrina Holdings, we combine institutional backing with the speed and discipline of a specialist trading desk.

50+
Years Combined Expertise
15+
Active Trade Routes
3
NOC Anchor Relationships
8
Regional Markets
Core Focus
Crude & Refined Products
Physical spot & term trading
Vessel Access
MR & VLCC
Chartered through Sebrina Holdings
Primary Markets
SEA · Gulf · East of Suez
Pertamina · Aramco · EGPC
A Sebrina Holdings Company
Lucre Resources Pte Ltd is a wholly-owned subsidiary of Sebrina Holdings, a diversified energy and investment group
Our Story

Built for the
New Energy Trade

Lucre Resources was incorporated in Singapore in 2022 as the trading arm of Sebrina Holdings. From 2022 to 2025 we focused on building the foundations of the business — the national oil company relationships, banking lines, and chartering arrangements needed to trade physical cargoes with confidence.

Physical trading commenced in 2026, with crude oil and refined products traded with three anchor national oil companies — Pertamina (Indonesia), Aramco (Saudi Arabia), and Egypt's EGPC — and annual turnover hitting eight figures in our first year of trading.

Lucre does not own vessels. Tonnage is chartered through our holding company, Sebrina Holdings, keeping our balance sheet asset-light while giving us reliable access to MR and VLCC capacity. Our principals bring expertise spanning physical cargo trading, chartering, risk management, and structured trade finance.

Registered in Singapore · Part of Sebrina Holdings Group

Oil pump jack at sunset
Crude & refined products — Singapore to East of Suez
Company Timeline
2022 — Incorporation
Lucre Resources Pte Ltd incorporated in Singapore as the energy trading subsidiary of Sebrina Holdings. Senior trading, operations, and risk management team onboarded from leading energy companies and trading houses.
2022 – 2025 — Building Relationships
Focused on building the relationships that underpin the business: engagement and counterparty onboarding with Pertamina (Indonesia), Aramco (Saudi Arabia), and Egypt's EGPC; banking and trade finance lines; and chartering arrangements with shipowners and brokers through Sebrina Holdings.
2026 — Trading Commences & Eight-Figure Turnover
Commenced physical trading of crude oil and refined products with Pertamina, EGPC, and Aramco, with vessels chartered through Sebrina Holdings under FOB, CIF, and CFR delivery structures. Annual turnover hit eight figures in the first year of trading. Growing trade volumes, strengthened commercial relationships, and enhanced banking facilities to support larger cargoes.
What We Do

Core Capabilities

Aerial tanker ship in channel
Chartered VLCC & MR Tonnage — via Sebrina Holdings
Tanker at port
Refinery Delivery
01
Crude Oil Trading

Physical crude origination and delivery across SEA and MEA corridors. We trade benchmark grades — Brent, Dubai, Oman, Arab Light, Murban, Tapis, and regional grades — on a spot and term basis, with direct relationships with NOCs including Pertamina, Aramco, and EGPC. Our trading book covers FOB, CIF, and CFR delivery structures.

FOB / CIF / CFR Spot & Term NOC Direct Arab Light · Murban · Tapis
02
Refined Products

Active trading of the full product slate: gasoil (10/50/500ppm), fuel oil (HSFO, VLSFO, LSMGO), naphtha, and vacuum gasoil. Deep expertise in intra-Asian product arbitrage and direct supply to refineries and industrial end-users across Southeast Asia, South Korea, Japan, and the Gulf.

Gasoil / Diesel Fuel Oil Naphtha Vacuum Gasoil
03
Shipping & Chartering

All tonnage is chartered through our holding company, Sebrina Holdings, which holds established relationships with shipowners and chartering brokers globally. This gives us reliable access to MR tankers for refined product trades and VLCCs for large-volume crude liftings, under voyage and time charters.

Via Sebrina Holdings VLCC MR Tankers Voyage Charter
04
Risk & Derivatives

We employ a disciplined risk management framework integrating physical and paper positions. Our derivatives capability covers ICE Brent, NYMEX WTI, ICE gasoil futures and options, and Singapore product swaps. We manage hedge ratios, basis risk, and market exposure across the full trading book.

ICE Brent NYMEX WTI Options Product Swaps
05
Structured Trade Finance

Working closely with relationship banks, Lucre structures LC-backed and open credit facilities to support large-volume cargo transactions. Our finance desk has experience with pre-export finance, receivables discounting, and commodity-backed lending — enabling us to provide competitive terms across complex, multi-jurisdiction trades.

Letters of Credit Pre-Export Finance Bank Guarantees Open Credit
Geographic Reach

Active Across Key Energy Corridors

Our trading operations span the most active hydrocarbon production and consumption regions globally, with dedicated coverage across Southeast Asia, the Middle East, North Africa, and receiving markets in Northeast Asia.

Southeast Asia
Core market. Crude origination from Indonesia (Pertamina, Arjuna, Senipah), Malaysia (Miri, Kikeh), and Vietnam. Products distribution across Singapore, Thailand, Philippines, Vietnam, and Myanmar.
Middle East & Gulf
Direct trading relationship with Aramco for crude and refined products, with coverage of Gulf supply flows into Southeast and Northeast Asian receiving markets.
North Africa & Egypt
Trading relationship with Egypt's national oil sector (EGPC) for crude and refined product flows. Active participation in Mediterranean and East-of-Suez product trade routes, leveraging Egypt's strategic Suez Canal positioning.
Northeast Asia
Primary receiving market for crude and clean product cargoes. Active relationships with South Korean, Japanese, and Chinese independent refiners and end-users.
SINGAPORE HQ ARAMCO GULF NE ASIA CHINA PERTAMINA EGYPT / EGPC MEDITERRANEAN INDIAN OCEAN PACIFIC ATLANTIC LUCRE RESOURCES — ACTIVE ENERGY TRADE CORRIDORS
Leadership

Over 50 Years of Combined Industry Experience

Our management team comprises former senior traders, shipping executives, and risk professionals drawn from the world's leading energy companies, trading houses, and national oil companies. Each brings a distinct perspective that — combined — positions Lucre to execute complex, cross-border energy trades across crude oil and refined products with precision and confidence.

Trading Leadership

Our trading principals bring over two decades of combined experience managing physical crude and refined product books across Southeast Asia, the Middle East, and global markets. With deep market intelligence and direct NOC relationships — including Pertamina, Aramco, and EGPC — our traders operate with conviction across spot, term, and structured transactions.

Crude & Products NOC Direct Access Asia & Gulf Focus
Chartering & Operations

Lucre operates asset-light: vessels are chartered through Sebrina Holdings rather than owned. Our operations team manages cargo logistics from lifting to delivery — spanning MR tankers for clean product trades and VLCCs for crude liftings — working with the group's shipowner, broker, and port agent relationships across Singapore, Dubai, and Athens.

VLCC & MR Expertise Chartered via Sebrina Global Port Network
Risk & Finance

Our risk and finance professionals bring institutional-grade discipline to every transaction — from derivatives hedging across crude and refined products to structured trade finance and banking relationships. The team has built and operated risk frameworks across some of the world's largest commodity trading desks before joining Lucre.

Derivatives & Hedging Credit & Risk Trade Finance
Regional Coverage

With principals fluent in the business cultures of Southeast Asia, the Gulf, and North Africa, Lucre's team navigates complex multi-jurisdictional transactions with ease. Our regional specialists maintain active presence across key markets, supporting origination, counterparty development, and regulatory compliance — including direct engagement with Pertamina, Aramco, and EGPC.

SEA & MEA Specialists Multi-lingual NOC Relationships
Counterparties

Trading with the World's Majors

Lucre has established active trading relationships and bilateral credit lines with the world's leading energy market participants — from national oil companies and integrated majors to independent trading houses and regional refiners. Our counterparty base reflects both the scale of Sebrina Holdings' institutional network and Lucre's own track record as a reliable and well-capitalised trading principal.

All counterparty relationships are managed under a robust credit and compliance framework, with full KYC, AML, and trade documentation protocols in place in accordance with Singapore regulatory standards.

National Oil Companies — Direct
Active trading lines with anchor NOC counterparties across Southeast Asia, the Gulf, and North Africa — covering crude liftings and refined product supply. Physical trading with all three commenced in 2026.
Pertamina (Indonesia) Aramco (Saudi Arabia) EGPC (Egypt)
International Oil Majors
Established credit and back-to-back trading relationships with leading supermajors operating across crude and refined products globally.
Independent Trading Houses
Active competitive trades with the world's leading commodity trading firms across crude and refined products.
Refiners & End-Users
Direct supply arrangements with independent refiners and industrial consumers across South Korea, Japan, China, and Southeast Asia.
Products We Trade

Full Product Slate

Crude Oil
Brent, Arab Light, Murban, Dubai, Oman, Tapis, WTI
Gasoil / Diesel
10ppm, 50ppm, 500ppm · ICE Gasoil benchmark
Fuel Oil
VLSFO 0.5%, HSFO 3.5%, LSMGO, Bunker blends
Naphtha
Full Range, Light, Paraffinic; Asia spot and term
Vacuum Gasoil
Feedstock for FCC and hydrocracking; MEA & SEA supply
Oil platform
Crude Oil
Aerial oil rig
Gasoil · Fuel Oil · Naphtha
Tanker at sea
Vacuum Gasoil
Get In Touch

Start a Conversation

Whether you are looking for a reliable trading counterparty, a chartering solution, or a structured offtake agreement, we welcome the opportunity to explore how Lucre can add value to your operations.

info@lucreresources.com
Singapore — A member of our team will be in touch within one business day.
Registered Office
Lucre Resources Pte Ltd
Singapore
Part of
Sebrina Holdings Group
General Enquiries
info@lucreresources.com