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Bulk Crude Oil: buy and sell
Bulk Crude Oil suppliers and buyers post sell offers and buy requests on Comdity and agree the deal directly with each other on FOB, CFR or CIF terms.
Crude Oil offers and requests: FOB, CFR and CIF terms available
Post a Listing
How trading Crude Oil works on Comdity
A company posts a sell offer or a buy request with the quantity, the delivery period and the ports. Other companies send an offer or a counteroffer on FOB, CFR or CIF terms. When both sides want to go on, they start a negotiation, receive each other's contact details and finalise the contract directly. Comdity is a marketplace: it is not a party to the contract.
- FOB (Free On Board): the seller delivers the goods on board at the loading port; the buyer arranges and pays the sea freight.
- CFR (Cost and Freight): the seller pays the sea freight to the discharge port; the buyer carries the risk and the insurance from loading.
- CIF (Cost, Insurance and Freight): as CFR, and the seller also insures the cargo to the discharge port.
Crude Oil is normally shipped by crude oil tanker. When the terms are agreed, you can explore suitable vessels on Shipfixing.
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