Last Updated: January 2025
NextBarrel is committed to protecting the privacy and security of our clients' information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our oil trading, shipping brokerage, and market analytics services.
By accessing or using our services, you agree to the terms outlined in this Privacy Policy. If you do not agree with our practices, please do not use our services.
We collect personal information that you voluntarily provide to us when registering for our services, including your name, email address, company name, job title, phone number, and business address. For trading and brokerage services, we may also collect financial information, banking details, and corporate identification documents.
When you use our platform, we collect information about your trading activities, market queries, vessel tracking searches, price alerts, and analytics usage. This helps us provide personalized market intelligence and improve our services.
We automatically collect certain technical information when you access our platform, including IP addresses, browser type, device information, operating system, access times, and pages viewed. We use cookies and similar tracking technologies to enhance your experience.
We use the information we collect to:
We maintain strict confidentiality of your trading information. We may share your information only in the following circumstances:
We may share necessary information with shipowners, charterers, counterparties, and other market participants to execute trades and facilitate transactions on your behalf.
We work with trusted third-party service providers for payment processing, data analytics, vessel tracking, and technology infrastructure. These providers are contractually obligated to protect your information.
We may disclose your information to comply with applicable laws, regulations, legal processes, or governmental requests, including sanctions compliance, anti-money laundering obligations, and trade reporting requirements.
We implement industry-standard security measures to protect your information, including encryption of data in transit and at rest, secure authentication protocols, regular security audits, and restricted access to personal information. However, no method of transmission over the internet is completely secure, and we cannot guarantee absolute security.
We retain your information for as long as necessary to provide our services and comply with legal obligations. Trading records and transaction data are typically retained for seven years in accordance with financial services regulations. Market data and analytics may be retained indefinitely in anonymized form.
Depending on your jurisdiction, you may have the right to access, correct, delete, or restrict the processing of your personal information. You may also have the right to data portability and to object to certain processing activities. To exercise these rights, please contact us at privacy@nextbarrel.com.
As a global oil trading and shipping brokerage firm, we may transfer your information to countries outside your jurisdiction. We ensure appropriate safeguards are in place for such transfers in accordance with applicable data protection laws.
We use cookies and similar technologies to enhance your experience, remember your preferences, analyze platform usage, and deliver relevant market information. You can control cookie settings through your browser, though disabling certain cookies may limit platform functionality.
We may update this Privacy Policy periodically to reflect changes in our practices or legal requirements. We will notify you of material changes by posting the updated policy on our website and updating the "Last Updated" date. Continued use of our services after such changes constitutes acceptance of the updated policy.
If you have questions about this Privacy Policy or our data practices, please contact us:
Email: privacy@nextbarrel.com
Phone: +1 (555) 123-4567
Address: 123 Fleet Street, London EC4A 2AB, United Kingdom