Crude oil
HS code
2709
Crude in cargo lots against a named grade and a published assessment. The assay decides which refinery can run it, and the differential to the marker is the negotiation.
Specification
What to specify
What a supplier will ask you for, in the order they will ask.
- 01 Named crude grade and load terminal — a grade name is the assay
- 02 API gravity and total sulphur
- 03 TAN, and metals — vanadium, nickel
- 04 Pour point, and light-ends and residue yields from the assay
- 05 Marker and differential — Brent, WTI, Dubai or Murban — and the pricing period
- 06 Cargo size, laycan and the vessel class the terminal accepts
- 07 Origin, and the crude-origin evidence chain required at the destination
- 08 Inspection at load and discharge, and whose account bears it
Ready to enquire?
About five minutes with the parameters above to hand.