COMMODITY: Light Crude Oil according to availability in the moment of loading on seller offer and buyer acceptance. ORIGIN : UAE PICKING: BULK QUANTITY: Monthly 2,000,000 US Barrels over shipments of 2,000,000 Barrels for one year PRICE: Brent plate (As SPA Conditions) ( price Minus - 2 USD per Barrels ) DELIVERY : TANK / FOB / PAYMENT : After Signing the SPA, buyer has to open for MT199 / MT 103 / 72 BLOCK FUNDS DIP & PAY / DLC or SBLC (against documents as SPA Conditions). Exchange rate for EUR/USD is considered as per quoted on ecb.com for effective date of PMT
