

ESPO CRUDE OIL Min. Quantity: 2,000,000 Barrel Max. Quantity: 5,000,000 Barrel per Month CIF/FOB Price: USD 65/Barrel Last update: April 19, 2025. CIF ASWP APPROVED STANDARD BANKING WORKING PROCEDURES (1) 1. Buyer confirms SCO and issues an official ICPO inserting seller's terms and procedures. 2. Seller issues FCO for buyer's signing, buyer returns signed FCO and a letter of acceptance procedures. Seller issues draft contract/SPA which is open for amendments. 3. Buyer returns the signed draft contract with NCNDA/IMFPA and a letter of guarantee to perform. Seller submits the signed SPA for registration and legalization with the appropriate authorities. 4.Seller sends the below listed partial pop documents to buyer via government secured courier service or mail, on buyer choice. a. Statement of availability of product b. commitment to supply the product c. certificate of origin d. Product Passport e. Proforma Invoice 5. Buyer within 5 to 6 banking days issues SBLC swift MT760 according to Seller's fiduciary bank verbiage to seller nominated fiduciary offshore bank account for first month shipment, and whereby buyer fail to issue payment instrument within 7 banking days, buyer will make cash deposit of $480,000 by TT wire transfer for allocation and security guarantee to enable seller charter vessel and commence shipment, and this payment shall be deducted from the total cost of product after inspection at discharge port. 6. Seller bank issues the full set of proof of product (pop) and shipping documents with 2%pb (performance bond) to buyer's bank. QQ Certificate & Product passport docs, all will be issued on time. 7. Shipment commences immediately as scheduled in the contract. 8. Buyer pays for the total product value via TT/MT103 to the seller's bank after successful SGS/CIQ inspection at discharge port and title of product ownership transferred to buyer. 9. Seller pays all intermediaries involved in transaction as per signed NCNDA/IMFPA within 72 hours.
| Brand | EximNext |
| Business Type | Supplier |
| Year Established | Recently Joined |
| Employees | Contact Supplier |
| Annual Revenue | Contact Supplier |
| Main Products | View Products Tab |
| Major Markets | Global |
| Response Time | <4h |
| Response Rate | New Supplier |
Light Crude Oil (LCO) (ESPO) / Barrel is offered by Ruangthai Business Co., Ltd., a Supplier based in Thailand. This supplier provides wholesale quantities suitable for bulk importers, distributors, and businesses worldwide. Contact the supplier to request pricing, discuss trade terms, and arrange shipping to your destination.
Active buying requirements from importers looking for Petroleum, Oil & Related Products
Compare alternatives, find similar products and connect with verified suppliers
Securing a reliable supply chain for Light Crude Oil (Lco) (Espo) / Barrel is critical for maintaining your business operations. Ruangthai Business Co., Ltd., a verified supplier located in Thailand, provides high-quality Light Crude Oil (Lco) (Es ready for international export. By connecting directly with this supplier, buyers can bypass intermediaries, negotiate custom wholesale pricing, and arrange bulk shipments. This product is a key offering within the Crude Oil industry, catering to distributors, wholesalers, and importers worldwide.
Navigating the complexities of global sourcing is easier when you have direct access to the right manufacturers and exporters. When importing Light Crude Oil (Lco) (Es from Thailand, buyers can discuss shipping logistics, packaging requirements, and preferred payment terms directly with Ruangthai Business Co., Ltd.. This seamless communication is powered by EximNext, a premier import export marketplace that connects ambitious buyers with verified global sellers across every major industry.
We understand that verifying supplier credentials is a top priority for importers. Ruangthai Business Co., Ltd. is part of our extensive network of vetted international exporters. Browse more products in the Crude Oil category or discover new suppliers across the Crude Oil sector. Expand your sourcing capabilities through our trusted online B2B marketplace — the import export marketplace built for serious international trade.
When importing Light Crude Oil (Lco) (Es from Thailand, buyers should consider shipping terms (FOB, CIF, EXW), customs documentation requirements, and payment security. Contact the supplier to discuss the best logistics options for your destination country.
Click the "Request Quotation" button to contact Ruangthai Business Co., Ltd. directly. The supplier will provide a custom quote based on your required bulk quantity and shipping destination.
Yes, Ruangthai Business Co., Ltd. provides Light Crude Oil (Lco) (Es for bulk export from Thailand. You can negotiate the MOQ, packaging details, and shipping terms directly with the supplier.
Shipping terms such as FOB, CIF, or EXW can be negotiated directly with Ruangthai Business Co., Ltd.. Contact the supplier to discuss the best logistics options for importing Light Crude Oil (Lco) (Es to your country.
Send a direct message to Ruangthai Business Co., Ltd. through our platform to request a product sample before committing to a large wholesale order.
Ruangthai Business Co., Ltd. is a registered and verified supplier on EximNext. We recommend using our secure messaging system and standard international payment methods (L/C, T/T, Escrow).
Request a detailed product data sheet including grade, purity, dimensions, material composition, and applicable industry standards from Ruangthai Business Co., Ltd..
Many suppliers on EximNext, including Ruangthai Business Co., Ltd., offer custom packaging and private label options for bulk wholesale orders.
Common payment methods include Letter of Credit (L/C), Telegraphic Transfer (T/T), Documents against Payment (D/P), and Escrow services.
Yes, EximNext hosts a wide network of verified Crude Oil manufacturers, exporters, and wholesalers across 200+ countries.
Click "Request Quotation" or "Contact Supplier" on this page. Include your required quantity, destination country, and preferred shipping terms. All communications are managed securely through our import export marketplace.
Discover more products in Crude Oil from verified suppliers worldwide.