Different industries such as
manufacturing, plastics, freight shipping or appetites for petroleum products
are voracious. When it comes to oil –
the underlying commodity is notoriously unstable and that’s the reason why
searching for a stable cost is continuing. Noil Petroleum – a Chicago-based fuel supplying
company is now ruling the oil industry by supplying various hedge funds, the US
Department of Defense, Southwest Airlines are a few names to mention. They are
perfectly on track to raise the revenue from $400 million to an expected $3
billion this year.
What’s the basic concept?
The truth lying under the
success story of Noil
Corp is very simple. They maintain the principle of dealing with fewer
middlemen and thus to cut down the cost. The fuel providing organization
represents fuel majors like Exxon-Mobil, Shell, Phillips 66, Vitol and many
more. Morrell Steve Neely has
claimed that Noil only sells to wholesale suppliers who supply to the gas
stations and other clients.
Not only that, but Noil also
make businesses directly to a particular array of organizations who have the
requirements of diesel, gasoline, jet fuel and some other types of petroleum products.
For example, a renowned trucking company in Northeast has recently signed a
huge annual contract worth $4.1 billion with Noil Petroleum and they are about to supply fuel via East Coast
terminals.
Definitely, the deal is going
to help these two companies and the customers will be benefited as well. Going
through the suppliers who buy fuel from Noil is a better option than dealing with
someone who stands at the top of the supply chain – says Morrell Steve Neely – the CEO and President of Noil. When
consumers come under their umbrella, they can easily save up to $12 million per
annum.
Noil understands customers’ needs:
The Noil Petroleum people have got a nerve to understand the customers’
requirements. This is the key to their outstanding success story. As an agile
player, Noil has moved rapidly on the international stage. The organization
came into the news headlines in the past years when the Mexican refineries shut
down. Noil has created a solution which involves transporting thousands of
barrels of oil to the US- Mexico border regularly as both of the countries
comes under the Common carrier law.
Being one of the most
strategically powerful fuel providers, they have the capacity to solve unique
problems on a wide scale and they are still planning to carry on exploring
innovative opportunities aggressively. Noil is maintaining their position at
the top of the fuel supply chain; certainly, they have some advantages to scout
on.
How Noil Petroleum became a renowned brand?
Noil is a recognized name as they provide financial
solutions tailored particularly for different business types. The organization
supplies customized fuel management and price management program for different
types of businesses. They design a personalized fuel management program to help
large as well as small businesses to adapt to the fluctuating expense in the
oil market. This is somehow really crucial because it may cause a sudden shut
down of the business. Morrell Neely – The CEO and the President of Noil has recognized
the customized fuel solution as the key to their success story.
As the company offers a smart
pricing program to help businesses to grow at their optimum level, they can now
easily bring down the operating costs significantly. Another price management
program is also there to provide a feasible solution for the businesses to
practically manage their fuel consumption. Thus Noil Corp has earned a definite
position in several areas of the US including Houston, Texas etc, for supplying
high-quality fuel for DLA engines etc.
Morrell Neely always thinks
about the ways how to offer the best fuel solution to the clients that one can
obtain more benefits from that.
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