An independent petroleum and commodity trading house.
We broker physical cargoes between verified producers and qualified buyers. Energy is our core book; complementary commodities round out a curated portfolio. We say no often. We close on standard documents.
Move physical commodities cleanly, on-spec, and on-time.
Wisrem operates as a broker between verified producers and qualified buyers. The business is deliberately narrow: we focus on cargoes we can source through direct producer relationships, with documentation issued in formats every prime bank accepts.
Petroleum — crude oil and refined products — drives the desk. A focused secondary book in marble, aluminum and glass framing, green coffee, and sugar applies the same operational discipline to commodities where we have established producer access.
Honest about scope.
We are not a fund. We do not solicit investment capital. We are not principal in transactions unless explicitly disclosed. We do not accept upfront fees, non-bank instruments, or deal structures based on unverifiable proof of product.
We turn down more inquiries than we work — by design. The result is a small, senior desk with a 99.8% on-spec delivery rate and counterparties willing to come back.
How we run the desk.
Integrity
Sanctions-clean cargoes only. KYC and beneficial-ownership checks on every counterparty. Documentation issued in standard international form.
Pricing transparency
Every offer references a published benchmark — Platts, Argus, ICE Brent, NYMEX WTI — with disclosed premium or discount.
Aligned brokerage
We are paid on closed transactions, not retainers. That keeps our counterparty introductions honest about workable deal structures.
Producer access
Direct relationships with refineries, NOC traders, mills, and quarries shorten the chain between producer and buyer.
Specification discipline
Every cargo lifts with full lab analysis. SGS, Bureau Veritas, and Intertek are part of the standard workflow, not exceptions.
Risk realism
We turn down deal structures that depend on upfront fees, non-bank instruments, or unverifiable proof of product. We say no often.
The desk.
A deliberately small team. Every introduction we make is reviewed by a principal of the firm.
Caleb Bak
Seventeen years of commodity flow.
- 2008
Wisrem founded as an independent commodity broker focused on Middle Eastern petroleum flows.
- 2011
Expanded into European refined-product distribution; opened Mediterranean coverage from Cyprus.
- 2014
Added marble and natural-stone trading book through direct quarry relationships in Turkey.
- 2017
Opened Dubai coverage; aluminum and glass framing systems added to the secondary book.
- 2019
Green coffee origination established with Brazilian and Vietnamese cooperatives.
- 2021
Sugar trading scaled across Brazilian, Indian, and Thai mill output.
- 2023
Trading desk crossed 2,500+ closed transactions with a 99.8% on-spec delivery rate.
- 2025
Operating across 45+ loading and discharge ports with a focused petroleum-led book.
The desk in figures.
Open a conversation with the desk.
Whether you have an LOI to price or want to source a new producer, we will respond within one business day.