We know buying crude oil is a daunting undertaking for those who have no prior experience in the oil and gas industry. To buy crude oil you will need to show capability, but those who are looking for stolen oil will continue to fall victim to scammers. We can supply any RWA buyer any crude oil quantity they want however, our procedure has to be followed without exceptions. CRUDE OIL PROCEDURE

Discount on crude oil purchase varies. it mainly depends on what kind of transaction process you opt for. do you want your product FOB or CIF. FOB transaction usually attracts higher discount to the buyer because of the burden of cost associated with. CIF trasactions are usually lesser in discount in comparison to FOB because of the cost of shipping product to buyer port of discharge and buyer ports also determines discount amount. e.g CIF to china will have less discount than CIF to ports in Europe.

The preferred financial instrument is SBLC, MT 760 Blocked funds. and final payment via MT 103 at buyers port of discharge after Q and Q. or at the port of loading after Q and Q reports along with original cargo documents issued in buyer’s name.

You will send us your LOI and after our acceptance and approval, you will submit your KYC along we your  ICPO and we in turn respond to you with our FCO and KYC. If all is acceptable you will issue a BGL (Bank Guarantee Letter) or other acceptable bank instruments to show capability. Your product will be loaded and Bill of Lading issued in your name and payments are released to us for total cargo in summary.

Yes we do. But they have only 48 hrs. to bring on the end buyer or the transaction will automatically terminate. buyer and seller have to engage within that period.