WANTED: Light Crude Oil
Buy Requirement Specifications & Trade Terms
A buyer from United Arab Emirates is looking for wholesale light crude oil. Quantity required: 1000000 Barrel/Barrels. Shipping terms: FOB. Payment terms: L/C. Review the full specifications and submit your competitive quote.
Shipping Terms & Destination Port
The buyer requires FOB 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 light crude oil requirement.
Similar Wholesale Light Crude Oil Buy Leads
Browse more active buy leads for light crude oil and related B2B Products products from importers worldwide on EximNext B2B Marketplace.
Importer in the United Arab Emirates Seeking 1,000,000 Barrels of Light Crude Oil
An importer in the United Arab Emirates has posted an active requirement for light crude oil, indicating a volume of 1,000,000 Barrels, with a trial cargo ahead of a longer term arrangement. Delivery is sought into Ttv Oman Or Fujairah on FOB terms, 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. The buyer's own note adds: "Qty: Trial 1-2 M BBL; Monthly 2 M BBL X 12 Months". A credible offer evidences light 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. Light 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, here Ttv Oman Or Fujairah; 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 Light Crude Oil Buy Leads
What quantity of light crude oil does this buyer need?
The buyer has indicated a requirement of 1,000,000 Barrels, framed as a trial cargo ahead of a longer term arrangement. 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 FOB 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.
Where does this buyer want light crude oil delivered?
The buyer has named Ttv Oman Or Fujairah as the delivery point. Factor the freight, insurance, and transit time to that discharge port into a CIF or CFR offer, and state the vessel or routing your price assumes.
What light crude oil specification has this buyer outlined?
The buyer's own note adds: "Qty: Trial 1-2 M BBL; Monthly 2 M BBL X 12 Months". Match your certificate of quality and supporting documents to these points in the first response, and flag any deviation from the buyer's stated requirement up front rather than after a sample.
Is this light crude oil buy lead still active?
This buy lead is currently open and accepting quotations. It was posted on February 4, 2026. 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 light crude oil requirement?
Use the Submit Quotation button on this page to send your offer directly to the buyer. A complete quote covers your price and its validity window, MOQ, load port and laycan, and the certifications you can provide. The buyer's contact details are released once you submit a quotation, so there is no need to source them elsewhere.
What HS code applies to light crude oil?
Wholesale light 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 light crude oil trade?
Bulk light 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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