WANTED: ESPO Crude Oil
Buy Requirement Specifications & Trade Terms
A buyer from United Arab Emirates is looking for wholesale espo crude oil. Quantity required: 1000000 Barrel/Barrels Monthly. Shipping terms: CIF. Payment terms: L/C. Review the full specifications and submit your competitive quote.
Shipping Terms & Destination Port
The buyer requires CIF shipping terms. Exporters from any country capable of shipping to United Arab Emirates are encouraged to submit their best FOB or CIF pricing.
Submit Your Quotation
Verified suppliers can submit their wholesale quotation including FOB pricing, MOQ, production capacity, and shipping terms. Click "Submit Quotation" to respond directly to this espo crude oil requirement.
Similar Wholesale ESPO Crude Oil Buy Leads
Browse more active buy leads for espo crude oil and related B2B Products products from importers worldwide on EximNext B2B Marketplace.
ESPO Crude Oil Buy Lead: 1,000,000 Barrels Monthly Wanted by an Importer in the United Arab Emirates
A verified buyer in the United Arab Emirates has posted an active requirement for ESPO Crude Oil, indicating a volume of 1,000,000 Barrels Monthly. The buyer has specified CIF shipping, with settlement by an irrevocable letter of credit, so responding sellers should be positioned to perform on a seaborne cargo rather than a small parcel. A credible offer evidences ESPO Crude Oil on a certificate of quality: for crude grades, API gravity, sulphur content, BS&W, pour point and density; for refined products such as gasoil or jet fuel, the sulphur grade, cetane number, flash point and density, against the usual ASTM or ISO test methods. Proof of product, a statement of available quantity, and a refinery or allocation reference carry more weight than price alone at first contact. Quality and quantity are normally established by an independent inspector such as SGS, Saybolt or Intertek, with sampling and a dip test at the load port and re-inspection at the discharge port. ESPO Crude Oil moves as bulk liquid cargo, so the offer should name the load port, the nominated vessel or laycan window, and the volume that can genuinely be lifted, rather than any packaging or container detail. Trade terms most often negotiated are FOB at the load port and CIF or CFR to the discharge port; under CIF the seller arranges the vessel and marine insurance through to discharge. Confirm Incoterms 2020 so the point of risk transfer is unambiguous. Payment on cargoes of this size is usually an irrevocable documentary letter of credit at sight or a standby letter of credit confirmed bank to bank, which matches the instrument this buyer has specified. A complete first response covers grade compliance against the buyer's note, a delivered price tied to a recognised benchmark with a clear validity window, proof of product, the load port and laycan, the inspection regime, and the bank instrument the offer can perform against.
Frequently Asked Questions About ESPO Crude Oil Buy Leads
What quantity of ESPO Crude Oil does this buyer need?
The buyer has indicated a requirement of 1,000,000 Barrels Monthly. Confirm your available volume against it, state your MOQ if it sits below this figure, and give the production or shipment schedule you can hold to.
What shipping and payment terms did this buyer specify?
The buyer has specified CIF shipping and settlement by an irrevocable letter of credit. Quote your price on those Incoterms and set out the documents you can present against an irrevocable letter of credit.
Is this ESPO Crude Oil buy lead still active?
This buy lead is now marked closed and is no longer accepting quotations. It was posted on June 16, 2025. Requirements that pass six months without activity are automatically marked closed, so the most recently posted leads are the most likely to convert.
How do I submit a quotation on this ESPO Crude Oil requirement?
This requirement is closed, so it is no longer taking quotations. Use the similar active buy leads listed on this page to reach buyers with live demand for ESPO Crude Oil, and post or follow your own requirement to be matched with new leads.
What HS code applies to ESPO Crude Oil?
Wholesale ESPO Crude Oil is classified under a specific HS heading that sets the duty and documentary regime in the destination market. Confirm the exact ten-digit national tariff line with a licensed customs broker before shipment, and keep that code identical across the commercial invoice, packing list, and certificate of origin so the consignment clears in one pass.
Which Incoterms and payment methods are standard in ESPO Crude Oil trade?
Bulk ESPO Crude Oil usually moves FOB at the load port or CIF and CFR to the discharge port, quoted on Incoterms 2020 to fix the point of risk transfer. Payment is commonly an irrevocable letter of credit at sight, a telegraphic transfer with a partial advance against shipping documents, or platform-mediated escrow on a first order.
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