Denis Varaksin

Managing director



Base oils
Slack wax and paraffins


Denis is in the base oils and wax business since 2009, focusing on supplies from Russia, Uzbekistan, Turkmenistan and Europe.

Denis has multiple publications in industries leading magazines on ex-USSR base oils and slack waxes market.

His focus is export of base oil Group I, II and III, slack waxes, paraffin and petrolatum from Russia, Turkmenistan and Uzbekistan to Europe, Turkey and Africa. Prior that Denis was business developing manager and trader with German MOGoil, Swiss trading firm Integral Petroleum and UAE based Gulf Petrochem.

Before trading Denis learned base oils world in depth as an analyst and business development manager with industry leading research and price agency firm Argus Media where he worked in Moscow and Singapore offices.