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      You are in ::  Home > Crude > Read
Crude Oil Read
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Count : 228
WTI 2020-07-13
 
PROCEDURES FOR WTI:
1. CP & ICPO is sent to Seller (Addressee name/s will be supplied upon request).
2. After CP and ICPO are reviewed a contract is sent to the Buyer.
3. The Buyer (person signing the check for the fuel) must sign the contract and return.
4. The Seller will send to Buyer documents for Buyer to take to his bank (top 25 banks). The
Buyers bank will communicate with our bank (JP Morgan Chase). The 2 banks will
communicate and handle the completion of the sale.
• WTI: API 37-42 w/ less than 1% sulfur
• From the Permian Basin brought in by pipeline to Houston & Corpus Christi, TX.
• If the buyer is picking up by vessel, Corpus Christi Port is the best to pick up.
• 2,000,000 barrels first lift
• 2,000,000 barrels monthly x 12 month contract
• Price is NYMEX + $1.50 per barrel (FOB vessel or buyers tanks )
• $0.25 per barrel in commissions built-in


 
 Contact Information
Name   Mr. sidhuprakash pan 
Company   Member : commission agent 
Email   Log In to See Email 
   Inquire Now 
Tel   0000000000 
Fax   +918157933860 
Mobile   +918157933860 
Web    
IP   1.39.79.58 

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