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Crude Oil Supplier: WTI, Brent, Dubai Crude, BLCO

Financely facilitates the trade of various crude oil types, including West Texas Intermediate (WTI), Brent, Dubai Crude, Bonny Light (BLCO), and Arab Light, catering to global energy requirements with precision and reliability. Our offerings are governed by international trading standards, ensuring seamless transactions.


Product Specifications:

  • West Texas Intermediate (WTI):
  • API Gravity: Around 39.6
  • Sulfur Content: Approx. 0.24%
  • Production Location: USA
  • Brent Crude:
  • API Gravity: Around 38.3
  • Sulfur Content: Approx. 0.37%
  • Production Location: North Sea
  • Dubai Crude:
  • API Gravity: Around 31.0
  • Sulfur Content: Approx. 2.0%
  • Production Location: Dubai
  • Bonny Light Crude Oil (BLCO):
  • API Gravity: 35.4 - 37.0
  • Sulfur Content: 0.14%
  • Production Location: Nigeria
  • Arab Light:
  • API Gravity: 32.5 - 33.5
  • Sulfur Content: 1.8%
  • Production Location: Saudi Arabia


Pricing and Terms:

  • Premium: A 7% premium is applied over the Official Selling Price (OSP) for each crude type, underscoring our commitment to providing superior service and quality assurance.


Supply Capacity:

  • Minimum Supply Capacity: 50,000 barrels per month
  • Maximum Supply Capacity: 200,000 barrels per month



Incoterms

  • Options include FOB (Free On Board) or CIF (Cost, Insurance, and Freight), adaptable to buyer preferences.


Closing Procedure:

I. Inquiry Submission: Clients are encouraged to submit their purchase inquiries via Financely's commodity procurement portal, specifying the crude type, quantity, and preferred payment method.


II. Term Sheet Provision: Following the inquiry, Financely will issue a detailed term sheet reflecting trade specifics, including pricing and terms.


III. Contract Finalization: The term sheet acceptance will lead to SPA negotiations, culminating in the execution of a mutually agreed-upon contract.


IV. Payment Arrangement: Payment options include cash upon invoice presentation or a Standby Letter of Credit (SBLC) favoring Financely, based on client preference.


V. Documentation Requirement:

  • Executed SPA
  • Commercial Invoice
  • Bill of Lading
  • Certificate of Origin
  • Quality and Quantity Certificate by an independent inspector
  • Master's Receipt for Samples
  • Master's Receipt for Documents


VI. Fulfillment:

  • Required documents will be verified to schedule the crude oil delivery as per the SPA.
  • Cash payments necessitate immediate settlement upon cargo document verification.
  • SBLC payments will proceed upon confirmation and verification of shipping documents.

Get Started With Us

Submit Your Deal & Receive a Proposal Within 1-3 Working Days

Submit your deal using our secure intake form, and receive a quote within 1-3 business days. Existing clients can connect with their relationship manager through our secure web portal.


All submissions are promptly reviewed, and all communications are conducted through the intake form or the client portal for a seamless and secure process.

Express Application Submit Your Deal
Request a Proposal
Request a Proposal / Submit a Deal

Thank you for considering working with us. A nominal fee of US$500 is required upon completion of each form. This fee covers the time and effort we invest in reviewing your submission and crafting a thorough proposal. We receive numerous inquiries and prioritize those that carry this fee, ensuring serious applicants receive prompt attention.

Trade Finance

Tap into solutions like letters of credit, bank guarantees, and payment facilitation. We address the challenge of global transaction risk through structured strategies that foster cross-border growth. Complete the form to unlock streamlined funding aligned with your commercial objectives.

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Project Finance

Access non-recourse funding for infrastructure, renewable energy, or other capital-intensive ventures. We mitigate capital constraints by isolating project assets and focusing on risk management. Provide your details to receive a structure that drives growth and maximizes returns.

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Acquisitions

Secure financing for business or real estate acquisitions. We ease transaction hurdles by reviewing cash flow, synergy opportunities, and exit plans. Complete the form for a customized proposal that supports your strategic investment objectives.

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For Banks

Financely assists banks facing Basel III pressures by distributing trade finance deals and providing collateral for letters of credit. We reduce capital burdens while preserving client relationships and fostering service expansion. Submit your request to optimize your trade finance offerings.

Submit a Request

Once we receive your submission, our team will review your information to determine feasibility. If eligible, you will receive a proposal or term sheet within 1–3 business days. Visit our FAQ and Procedure pages for more information.

Disclaimer: Financely provides financing based on due diligence and feasibility. Approval is not guaranteed, and past performance does not predict future outcomes. All terms are subject to review. Financely primarily assists with structuring and distribution. Qualified parties carry out the project if the client approves the proposal.

Still Have Questions? Schedule a Consultation

If you still have questions after visiting our FAQ and Procedure pages, we invite you to book a paid consultation for personalized guidance. A $250 USD fee applies per session.

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