United States Crude Oil is a Crude Oil product. Key specs — Origin: United States.
Product Description
Specifications: Aramco, nigerian, kuwaiti Will sell only to end user (refinery). - the buyer issues a letter of intent with full banking coordinates and bank comfort letter. - the seller issues a full corporate offer.
The buyer reviews the full corporate offer and (buyer) signs, stamps and returns the document indicating that they accept the offers and its terms and conditions. - the seller issues draft contract. The buyer signs, stamps and returns the contract within 5 business days, indicating that they accept the contract and its terms and conditions.
Any facsimile or electronic copes shall be considered as the original. - buyer sends proof of funds by swift, against which seller provides proof of product by swift - within seven (7) banking days of pof/POP exchange, the buyer opens nonoperative financial instrument. - within seven to twelve (7-12) banking days after receipt of non operative financial instrument acceptable to the seller and the sellers bank, the seller issues a fully active two (2%) percent performance bond of the letter of credit monthly value. - delivery and shipment commence as per the terms and conditions of the contract.