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For the latest figures, view the 2013 Supplement to the Annual Report (4.7 MB).

Chevron Supply and Trading (S&T) buys, sells and supplies crude oil, refined products, natural gas and gas liquids for Chevron's crude oil and natural gas production operations as well as the company's refining and marketing network. The organization provides a critical link between the market and Chevron's upstream, downstream and chemicals companies.

Headquartered in Houston, with additional trading hubs in London and Singapore as well as other offices worldwide, S&T manages 5 million barrels of liquids and 6 billion cubic feet of natural gas in commodity transactions daily.

Chevron's supply and trading activities are organized by crude oil, natural gas and products.

Crude Supply and Trading (CSAT) buys, sells and transports all major grades of crude oil. CSAT secures the best prices in selling Chevron's upstream production and purchasing crudes used by our refineries. CSAT works closely with Chevron Shipping Company, Chevron Pipe Line Company and third parties to transport crudes for customers around the world including Chevron's Americas Products and International Products organizations.

Gas Supply and Trading (GSAT) markets natural gas to wholesale and large end-use consumers such as utility and industrial customers and pipeline operators.

GSAT ranks among the leading marketers of natural gas in North America. GSAT also negotiates supply commitments of natural gas through short-term and midterm LNG marketing opportunities in North America, Asia-Pacific and Europe.

Product Supply and Trading (PSAT) manages global supply, trading and logistics of a wide range of products, including feedstocks; fuels; and refined products manufactured, distributed and sold through Chevron's refining and marketing system. Products also include gasoline, naphtha, diesel, jet fuel, heavy fuels, biofuels, coke, sulfur, ammonia and asphalt.

Updated: June 2013

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