Start Crude Oil Import/Export Business

Only a few countries produce crude oil and not in commercial quantity. Even those that manage commerciality consume most of their product.
They also augment the demand with imports from other countries. For example the United States of America in 2015 produced about 14 million barrel per day and consumed 19 million barrels daily.
The short fall is augmented with imports of crude. It is not uncommon for petrol producing nations to also have huge storage facilities.
There are many types of refined petroleum products for different markets. Some common products are diesel, engine oil, jet fuel and kerosene.
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Reduced Dependency on Petroleum Products
Advanced countries are gradually moving away from petroleum products. This is because of the negative environmental problems associated to the product.
Serious environmental problems include pollution of waterways, depleted ozone layer, air pollution and contaminants in the soil. Petroleum affects both fauna and animal natural habitats.
Reliance on petroleum products are gradually turning to biodiesel, ethanol and other sources of biofuel.
How to Start Crude Oil Import/Export Business
  • Find a genuine buyer
  • Avoid the middleman
  • Focus on oil processing company’s
  • Do due diligence and gather information on buyer
  • Compare prices for purchase and sales
  • Get exact specification of type of crude oil
  • What are the delivery terms
  • Packing terms
  • Payment terms
  • Find direct marketers
  • Sign commission contract with buyers
  • Complete all relevant documentation
Types of Petroleum Products
Crude oil is the primary resource produced in an oil field. There are many petroleum products of equal economic value.
We have refined products such as aviation fuel, diesel fuel and ethanol. Others are engine oil lubricants, unrefined oils, gasoline, liquids and unfinished oils.
Vehicles are the major consumers of most petroleum products including machinery. Supplying the petroleum products in crude or refined form is highly lucrative. You work on commission, based on the supply and purchase prices.
Major Producers/Consumers of Crude Oil
The major producers of crude oil are found in the Middle East, Asia, Africa and Russia. They collectively account for 68% of oil produced around the world.
European Union countries buy lots of petroleum products from these countries. Other import locations are Mexico, China, Brazil, Netherlands and Canada.
Crude oil Brokerage
Crude oil brokerage involves finding buyers and end users of the product. You need to first establish a sales contract with buyers.
There are many modes of transfer of crude oil from broker to buyer. Some common methods involve tanker to tanker transfer, tanker take over and free board operations.
In a many counties there are lots of documentation and bottlenecks that make the business tedious. To start a crude oil import/export business you need to learn the basics and secure the right documentation.
Work with Marketers
The price of oil fluctuates constantly based on many factors. Some of the factors are war, accidents, over/under production and other parameters.
You need to stay abreast of changing prices and network with marketers. The reason is because you need the best prices to buy the product. Make sure the marketers are genuine with good track record.
Connect with Buyers
Finding both domestic and international buyers is a herculean task. This is because there are only a few legitimate buyers of the product.
Contact regulatory bodies in countries of interest for list of genuine buyers. Finding them is one challenge and securing a contract to supply another.
Crude oil producers usually have registered marketers for their products so approach them for references. The best places to find crude oil buyers are countries with little or no reserve of crude.
You also need to sign commission contract with buyers.

6 comments:

  1. Dear Sir.

    I am Vladislav Yakov the Managing Director of NEFTEGAZAGENT OIL/GAS. We are a certified and authorized mandate that supply Oil and Gas products to buyers and consumers. We represent the major Oil Refineries to the Government of the Russia Federation to help buyers meet their various requirements and needs. We Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam, base email us (neftegazagent@yandex.ru) for more clarification and understanding as this is an arrangement and compromise with a take over bid. more of a government bond with incentives and relief. Kindly contact us with our information below for soft co-operate offer SCO.

    E-mail: neftegazagent@yandex.ru
    E: neftegazagent@mail.ru
    E: neftegazagent@yahoo.com

    pr-d Stroykombinata, 4, Moscow, 119530
    Best Regards
    (Mr.) Vladislav Yakov
    Skype: neftegazagent

    Thank You

    ReplyDelete
  2. We Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam only, serious buyer should contact or if you have serious buyers

    my seller is ready to close this deal fast contact us below:now base email us (neftegazagent@yandex.ru)

    PRODUCT AVAILABLE IN ROTTERDAM/ CI DIP AND PAY IN SELLER EX-SHORE TANK.

    Russia D2 50,000-150,000 Metric Tons FOB Rotterdam Port.

    JP54 5000,000 Barrels per Month FOB Rotterdam.

    JA1 Jet Fuel 10,000,000 Barrels FOB Rotterdam.

    D6 Virgin Fuel Oil 800,000,000 Gallon FOB Rotterdam.

    E-mail: neftegazagent@yandex.ru
    E: neftegazagent@mail.ru
    E: neftegazagent@yahoo.com

    Best Regards
    (Mr.) Vladislav Yakov
    Skype: neftegazagent

    Thank You

    ReplyDelete
  3. Dear sir/madam

    We are direct and official end seller's mandate in the Russia Federation, our major aim is to bring buyers and seller together positively in other to achieve a common goal.
    For further inquiring kindly contact us with the below information to enable us revert with official SCO.
    Our products of supply are Russia D2, Jet Fuel, D6 etc.
    We would be glad to build a solid, long lasting and mutually beneficial business relationship with your esteemed company.

    Krivtsov Afanasy (Mr.)
    Tel: +7 9265036559
    4 Blvd. Kirishi, Leningrad Region Russia 187110
    E-mail: Krivtsovoilconsultant@yandex.ru
    Email: krivtsovoilgasconsultant@mail.ru
    Skype: krivtsovoilandgasconsultant

    ReplyDelete
  4. We Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam only, serious buyer should contact or if you have serious buyers my seller is ready to close this deal fast contact us below:now base email us (neftegazagent@yandex.ru)

    PRODUCT AVAILABLE IN ROTTERDAM/ CI DIP AND PAY IN SELLER EX-SHORE TANK.

    Russia D2 50,000-150,000 Metric Tons FOB Rotterdam Port.

    JP54 5000,000 Barrels per Month FOB Rotterdam.

    JA1 Jet Fuel 10,000,000 Barrels FOB Rotterdam.

    D6 Virgin Fuel Oil 800,000,000 Gallon FOB Rotterdam.

    E-mail: neftegazagent@yandex.ru
    E: neftegazagent@mail.ru
    E: neftegazagent@yahoo.com

    Best Regards
    (Mr.) Vladislav Yakov
    Skype: neftegazagent

    Thank You

    ReplyDelete
  5. We have Available Petroleum and petrochemical Products such as, D2, D6, Jp54 and JETA1 on FOB Rotterdam and CIF basis. from Russian Refinery, We can deliver good quality and quantity with competitive prices. We welcome serious and ready buyers. If you are interested kindly contact us { neftegazconsultant@yandex.ru } for SCO. Thanks

    Best Regards
    {Mr.} Maksim Yaroslav
    Email: neftegazconsultant@mail.ru
    Email: neftegazconsultant@yandex.ru
    Skype: neftegazconsultant

    ReplyDelete
  6. JP54 - D6 - JET A1 - D2 AVAILABLE ON CI DIP AND PAY FOB ROTTERDAM

    WE HAVE AVAILABLE PETROLEUM PRODUCTS FROM RELIABLE REFINERY IN RUSSIAN FEDERATION WITH BEST AND QUALITY PRICE.
    BELOW PRODUCT ARE AVAILABLE WITH BEST OFFERS - FOB CI DIP AND PAY ROTTERDAM

    JP54: Quantity: 500,000-2,000,000 Barrels
    JetA1: Quantity: 500,000-2,000,000 Barrels
    D2: Quantity: 50,000-150,000 Metric Tons
    D6 Virgin: Quantity: 400,000,000-800,000,000 Gallon

    SERIOUS BUYERS PLEASE CONTACT US FOR MORE DETAILS WITH YOUR REQUIRED

    Maksim Yaroslav (Mr.)
    EMAIL: neftegazconsultant@yandex.ru
    EMAIL: neftegazconsultant@mail.ru
    Skype: neftegazconsultant
    TEL: +7 9265036551

    ReplyDelete

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