Named grade & origin
The proposed crude grade, loading origin and product identity.
MARKETS / CRUDE OILKDL / 02.2
Crude oil.
The assay matters.
Crude requirements assessed against a named grade, a representative assay and an agreed loading, receiving and settlement structure.
THE COMMERCIAL PERSPECTIVE
Product identity.
Product identity.
Practical context.
A grade name alone does not establish a cargo. Assay scope, origin, lifting window, quantity and the actual parties need to be understood together.
Discuss this requirementAssay & characteristics
Density/API gravity, sulphur, water/sediment, salt and other relevant assay parameters, with test basis.
Lifting & receiving
Quantity and tolerance, loading programme, transport scope and receiving compatibility.
THE TECHNICAL AND COMMERCIAL BRIEF
The information
The information
that moves it forward.
These fields structure the enquiry. Availability, guaranteed limits, origins, price and terms are confirmed in the specific offer and contract.
01
Assay basis
Representative assay, issue date, laboratory/test methods and any cargo-specific quality evidence.
02
Quantity & pricing basis
Units, measurement and temperature basis, tolerances and the agreed pricing mechanism.
03
Logistics
Named loading/discharge points, vessel/terminal requirements and loading window.
04
Contract roles
Seller, buyer, payer, title/document chain, inspection and settlement responsibilities.
- Named grade, origin and assay
- Quantity and measurement basis
- Loading window and delivery term
- Named destination and receiving party
- Pricing basis, documents, inspection and settlement proposal
CONTINUE EXPLORING
THE NEXT COMMERCIAL CONVERSATION
Define the requirement.
Define the requirement.
Build the next move.
Buying, supply or a structured trade programme. Start with the product, the parties and the delivery basis.
Prepare your trade enquiry