The story of WELBY began in 2010, founded by European businessman Toby Anderson (Toby Anderson), focusing on bulk trade in energy and chemical products. In 2016, WELBY entered the Asian market and successfully established crude oil trade business, with the trade volume exceeding 600 million US dollars that year. In 2021, it officially launched operations in the Chinese market under the brand “WELBY”, relying on the founder’s accumulated trade resources in the European market, the company grew rapidly. In 2022, the total trade volume reached 2.2 billion US dollars, and in 2023, it exceeded 1.6 billion US dollars.

WELBY is currently focused on oil product trade and supply, while also providing futures and logistics services, helping customers meet their needs with comprehensive solutions.

WELBY headquarters are located in Spain, with subsidiaries and offices spread across Dubai, Singapore, Hong Kong, Beijing, Shanghai, Qingdao, and other places. The business covers more than 10 countries, and the staff exceeds 80 people.