World Fuel Services is a leading energy management company headquartered in Miami, Florida, United States. The company was founded in 1984 and has since grown to become a global provider of fuel, energy, and logistics solutions. World Fuel Services operates through various business segments, including aviation, marine, land, and government.

The company serves diverse customers, including airlines, shipping companies, energy producers, and government entities. Its main products and services include fuel supply, fuel management, energy management, price risk management, logistics services, and technology solutions. On a global scale, World Fuel Services has an extensive network and presence across more than 200 countries and territories.

The company is known for its strong partnerships and alliances with major fuel suppliers, enabling it to provide reliable and cost-effective solutions to its customers. Noteworthy subsidiaries and joint ventures include Air BP, AvCard, Alliance Energy, and Multi Service Technology Solutions. In terms of market position, World Fuel Services is considered one of the largest independent fuel distributors worldwide.

The company's global sales and revenue have steadily increased over the years, reaching approximately $33 billion in 2020. World Fuel Services faces competition from other energy management companies, including ExxonMobil, BP, and Chevron, but it has maintained a strong position within the industry. World Fuel Services has achieved several significant milestones and accomplishments throughout its history.

In recent years, the company has focused on expanding its digital capabilities and investing in technology solutions to enhance its customer experience. It has also made strategic acquisitions to strengthen its market presence, such as the purchase of Universal Weather and Aviation in 2018. As of the latest updates, World Fuel Services continues to navigate the challenges posed by the COVID-19 pandemic.

The company has implemented various measures to mitigate the impact on its operations and is actively adapting its business strategies to the changing market conditions. World Fuel Services remains committed to delivering innovative energy solutions and maintaining its position as a global leader in the industry