Origin: Kazakhstan, Georgia, Malaysia
Incoterms: CIF/FOB
Loading Port: Rotterdam and Houston etc
Payment Terms: MT103 TTWIRE
Performance Bond: 2% PB
Contract Term: SPOT 6-12 Month Minimum (With Rolls and Extension
Inspection: SGS CIQ or Similar
Dubai Crude Oil
Minimum Quantity: 50,000 MT per month
CIF Price: Gross USD $91.00 BBL / Net USD $87.00 BBL NET
FOB Price: Gross USD $62.00 BBL / Net USD $58.00 BBL NET
TRANSACTION WORKING PROCEDURE FOB Rotterdam/Houston
1. Buyer sends Company Profile along with ICPO, Tank Storage Agreement (TSA) and data page of buyers passport
2. Seller Issues commercial invoice (CI), Buer signs and returns commercial invoice back to seller.
3. Seller verify buyer TSA by Letter and Seller issues the following POP documents to buyer:
a)Statement of Product Availability
b)Commitment Letter of Supply
c)Unconditional Dip Test Authorization (UDTA)
d)Authorization to Sell and Collect (ATSC)
e)Authorization to verify the product in Seller''s tank (ATV)
f) Fresh SGS not older than 72 hours
4. NCNDA/IMFPA will be signed among all parties involved.
5. Buyer options conduct DIP TEST on the product and make the payment for the total value of product injected into the tanks through the means of mT103-TT
6. Seller pays commission to all intermediaries involved in the transaction and subsequently monthly shipment continues as per terms and conditions of the commercial invoices and extension of transaction by issuing 12 months contract to buyer for proceeding.
STAND TRANSACTION CIF PROCEDURES
1. Seller confirms ICPO + passport of buyer and issues FCO for signing
2. Seller issues contract for amendment and countersigning as per mutual agreement.
3. Seller legalizes and register contract at seller expense and send to buyer as final approved, registered and legalized contract
4. Seller sends to buyer via e-mail, the following POP documents in buyer''s name for verification of the allocation:
A. Statement of product availability
B. Refinery commentment to supply
C. Company profile
D. MSDS
E. Company license to export
5. Buyer and Seller sign the CPA with the secured shipping company for documentation along with the NCNDA and IMFPA for commission construction
Price of product ( USD price or FOB price) :
To be negotiated based on Spot price (CIF, L/C)
Product origin :
USA
Key Specifications/Special Features :
"Sulfur: 0.42% or less by weight as determined by A.S.T.M. Standard D-4294, or its latest revision
Gravity: Not less than 37 degrees API, nor more than 42 degrees API as determined by A.S.T.M. Standard D-287, or its latest revision
Viscosity: Maximum 60 Saybolt Universal Seconds at 100 degrees Fahrenheit as measured by A.S.T.M. Standard D-445 and as calculated for Saybolt Seconds by A.S.T.M. Standard D-2161
Reid vapor pressure: Less than 9.5 pounds per square inch at 100 degrees Fahrenheit, as determined by A.S.T.M. Standard D5191-96, or its latest revision
Basic Sediment, water and other impurities: Less than 1% as determined by A.S.T.M. D-96-88 or D-4007, or their latest revisions
Pour Point: Not to exceed 50 degrees Fahrenheit as determined by A.S.T.M. Standard D-97
Amended WTI Light Sweet Crude Oil Contract Specifications â?? Beginning January 2019
Micro Method Carbon-Residue: 2.40% or less by mass; as determined by ASTM Standard D4530-15, or its latest revision
Total Acid Number (TAN): 0.28 mg KOH/g or less as determined by the first inflection point; using ASTM Standard D664-11a (2017), or its latest revision
Nickel: 8 parts per million (ppm) or less by mass; as determined by ASTM Standard D5708-15, Test Method B, or its latest revision
Vanadium: 15 ppm or less by mass; as determined by ASTM Standard D5708-15, Test Method B, or its latest revision
High-Temperature Simulated Distillation (HTSD) as determined by-ASTM Standard D7169-16, or its latest revision, as follows:
(a) Light Ends <220 F by HTSD: Not more than 19% by mass
(b) 50% Point by HTSD: 470 F- 570 F
(c) Vacuum Residuum >1020F by HTSD: Not more than 16% by mass"
Minimum Order Size and Packgaing details :
To be negotiated
226236 Wti Crude Oil Suppliers
Short on time? Let Wti Crude Oil sellers contact you.
I can offer following WTI (West Texas Intermediate) crude oil with origin USA.
The price is in accordance to Platts index which change every day.
The commission for brokers is $ 1 USD per barrel.
50 US cents per barrel for seller side and 50 US cents per barrel to buyer side.
Seller side is closed so I am at buyer side too.
You and I have 50 US cents per barrel to share on, 25 US cents per barrel to you if you find a buyer and 25 US cents per barrel to me.
4 January 2023
Price quoted is valid for 14 days
To: End Buyer
Soft Corporate Offer - SCO
To End Buyer / Mandate
We on behalf End Seller Refinery / Logistics Company, hereby issue this Soft Corporate Offer with given terms and conditions as stated in this offer to confirm our readiness and to execute a Sales and Purchase Agreement with the end buyer, with the ability to supply the following commodities according to the terms and conditions stipulated in this formal corporate offer for the Petroleum Products our Seller can supply for immediate lift on FOB basis from Port of Houston or Rotterdam the following USA origin Product(s).
Product West Texas Intermediate WTI
ORIGIN: USA
QUANTITY (BARREL): 1,000,000 Spot, upto 5,000,000/month x 11 months with R&E
FOB PRICE: Gross Platt Flat / Net $-1 per Barrel
COMMISSION: USD 0.50 SELLER SIDE, USD 0.50 BUYER SIDE PER BARREL
MODE OF PAYMENT: TELEGRAPHIC TRANSFER (TT) MT 103
DISCHARGE PORT: FOB HOUSTON / ROTTERDAM
Superior product quality Herrera Petroleum Corp
Herrera Petroleum Corporation buys and sells petroleum refined products. The Company offers gasoline, crude oil, alcohol, diesel, and fuels. Herrera Petroleum serves its clients in the State of Florida.Maximum 0.00015% water dilution/Contamination
It is not uncommon to have higher water content
Colonial Pipeline Specs
Cleaner burning fuel, high efficiency
Guaranteed cost savings
Flexible Terms
Crude Oil:
Bonny Light
REBCO
ESPO (Siberia Pacific Oil)
Basra Light
WTI
Southern Green Cayon Blend
Olmeca Mexican crude
Heavy Crude, etc.
Product Description :
Crude oil is a mixture of hydrocarbons that formed from plants and animals that lived millions of years ago. Crude oil is a fossil fuel, and it exists in liquid form in underground pools or reservoirs, in tiny spaces within sedimentary rocks, and near the surface in tar (or oil) sands
Price of product ( USD price or FOB price) : Price on request
Product origin : Worldwide
Key Specifications/Special Features :
Specifications for types/grades of crude (special grade needed by buyer)
will be issued after received your credible purchase request in the form LOI/ICPO docs.
Minimum Order Size and Packgaing details :
Bulk in tanker vessels.
Tanks 20 MT.
Product Description
Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. A type of fossil fuel, crude oil can be refined to produce usable products such as gasoline, diesel, and various other forms of petrochemicals. It is a� nonrenewable resource, which means that it can't be replaced naturally at the rate we consume it and is, therefore, a limited resource.
Price of product ( USD price or FOB price) :
USD 220 - 230 per MT
Product origin :
Russian
Key Specifications/Special Features :
International Standard
Minimum Order Size and Packaging details :
25000 MT
Product Details:
Form : Liquid
Storage : Dry Place
Grade ; Industrial Grade
Application : Industrial
Supply Ability : 2500000 Kilograms Per Month
Price And Quantity
Minimum Order Quantity : 50 Kilograms
Product Specifications
Form : Liquid
Storage : Dry Place
Grade : Industrial Grade
Application : Industrial
Trade Information
Payment Terms : Cash in Advance (CID)
Supply Ability : 2500000 Kilograms Per Month
Delivery Time : 1 Week
Main Domestic Market : All India
Product Description
We are engaged into offering Crude Oil for industrial purposes. It is a liquid form of oil that is used for propelling vehicles, heat buildings, produce electricity and more. It is one of the major important oils for industrial sector. This oil is produced in OCS and other domestic locations and then refined into refined into several types of petroleum products into consumerable fuel and non fuel products. Our Crude Oil is converted into petrol, diesel, LPG gas and more.
Crude oil is a naturally occurring, unrefined petroleum product that is found in the earth's crust. It is a complex mixture of hydrocarbons that varies in color from yellow to black and is used to produce a wide range of products, including gasoline, diesel fuel, jet fuel, and plastics. Crude oil is one of the most valuable commodities in the world, and its import and export are essential for many businesses to operate.
* Quantity MIN 1,000,000 Barrels x 12 months with R/E
* Origin: Russian Federation
Specifications: Standard Export Quality.
* Payment: By MT103/760
* Price/Commissions: Final price to Buyer is the Gross, including all commissions.
Commissions
* Payment is then made by Seller, who carries out all commissions transfers.
*Contract: 12 Months with possible rollovers.
* Inspection: SGS or similar
* CIF DLC or SBLC PROCEDURE
1. Buyer issues ICPO, company registration, I.D. and Top World Bank redacted Bank
Statement or equivalent
2. Seller issues Sales and Purchase Agreement (SPA).
3. Buyer signs and returns SPA.
4. Buyer's Bank issues a RWA letter to guarantee to issue an instrument on behalf of the Buyer within three working days after receiving the following PPOP.
5. Seller issues PPOP to Buyer including the following:
A. Copy of license to export issued by the Department of the Ministry of Energy.
B. Copy of approval to export issued by the Department of Ministry of Justice.
C. Copy of statement of availability of the product.
D. Copy of the refinery commitment to produce the product.
E. Copy of contract to transport the product to port
F. Copy of the port storage agreement
G. Copy of the charter party agreements to transport the product to the discharge port.
H. Tank Storage Receipt (TSR)
I. Q & Q by Current SGS report.
6. Buyer's bank issues operative Letter of Credit DLC MT 700 or SBLC MT-760
to Seller's fiduciary Bank account.
7. Seller issues 2% Performance Bond to Buyers bank.
8. Shipment Commences
9. On getting to Buyer's port of discharge, the Buyer's inspection team board the vessel and perform an inspection. Buyer sends SGS report to Seller.
10. Seller provides shipping document and a master commercial invoice to Buyer, within 3 banking days, Buyer makes the payment in full via MT 103/TT to Seller's Bank account.
Specifications: Standard Export Quality.
* Payment: By MT103/760
* Price/Commissions: Final price to Buyer is the Gross, including all commissions.
Commissions
* Payment is then made by Seller, who carries out all commissions transfers.
Contract: 12 Months with possible rollovers.
Inspection: SGS or similar
* CIF DLC or SBLC PROCEDURE
1. Buyer issues ICPO, company registration, I.D. and Top World Bank redacted Bank
Statement or equivalent
2. Seller issues Sales and Purchase Agreement (SPA).
3. Buyer signs and returns SPA.
4. Buyer's Bank issues a RWA letter to guarantee to issue an instrument on behalf of the Buyer within three working days after receiving the following PPOP.
5. Seller issues PPOP to Buyer including the following:
A. Copy of license to export issued by the Department of the Ministry of Energy.
B. Copy of approval to export issued by the Department of Ministry of Justice.
C. Copy of statement of availability of the product.
D. Copy of the refinery commitment to produce the product.
E. Copy of contract to transport the product to port
F. Copy of the port storage agreement
G. Copy of the charter party agreements to transport the product to the discharge port.
H. Tank Storage Receipt (TSR)
I. Q & Q by Current SGS report.
6. Buyer's bank issues operative Letter of Credit DLC MT 700 or SBLC MT-760
to Seller's fiduciary Bank account.
7. Seller issues 2% Performance Bond to Buyers bank.
8. Shipment Commences
9. On getting to Buyer's port of discharge, the Buyer's inspection team board the vessel and perform an inspection. Buyer sends SGS report to Seller.
10. Seller provides shipping document and a master commercial invoice to Buyer, within 3 banking days, Buyer makes the payment in full via MT 103/TT to Seller's Bank account.
CIF PROCEDURE:
BRENT PLATT DISCOUNT: US$8.00 Gross: US$4.00 Net: BELOW BRENT PLATT PRICE. US$4.00 Commission [US$2.00 for Buyer Agents & US$2.00 for Seller Agents - Closed]
Buyer sends Letter of Intent [LOI] addressed to the Seller. Seller and Buyer sign and seal Sales/Purchase Agreement and copies sent to both parties bankers, the electronically signed copy considered legally binding and enforceable in international arbitration laws.
Buyer's Corresponding bank via MT199 Pre-advice Seller's financier's bank and states its readiness, willingness and ability to swift an operative MT760 SBLC to seller's bank. Also request the seller's bank to confirm to it via MT199 its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to it.
Seller's bank shall confirm via MT199 Pre-advice to Buyer's bank its readiness, willingness and ability to receive MT760 SBLC and swift 2% performance bond (PB) to Buyer's bank.
Buyer's Bank shall swift an operative MT760 SBLC for total cargo to Seller financier's bank in Seller financier's acceptable Verbiage
