Products / Crude Oil
Crude oil allocations, reviewed one by one.
Crude oil for refining and onward sale, with grade, quality and logistics agreed before any offer.
Overview
Crude Oil supplier, priced to your port
Crude oil is where every cargo begins. We review each allocation on its own merits: the grade, the assay, the origin, the loading port and the vessel.
We work with refiners and traders who need a documented, financeable crude cargo and a counterparty that can stand behind it.
Specification
Typical specification
- Grade
- Per allocation
- API gravity
- Per assay
- Sulphur content
- Per assay
- Water and sediment
- Per contract limit
- Salt content
- Per contract limit
- Documents
- Assay, certificate of origin, quality and quantity
Typical values for guidance. The agreed specification, tolerance and test method are fixed in the sales and purchase agreement.
Applications
Common applications
- Refinery feedstock
- Onward sale to refiners and traders
- Processing arrangements
- Storage and blending
Supply terms
Packing, delivery and payment
- Delivery
- CIF or FOB, per allocation
- Shipment
- Bulk, by crude tanker
- Parcel size
- Per allocation
- Payment
- MT700 LC or MT760 SBLC
- Inspection
- Independent, at load port
- Law and disputes
- UAE law, DIAC / DIFC
Questions
Crude Oil: frequently asked questions
Which crude oil grades do you offer?
Grades depend on the allocation. Send your refinery requirements and the desk will tell you what is available.
How do you assess an allocation?
We review the assay, origin, loading port, vessel and documents before an offer is made.
What documents come with the cargo?
Assay, certificate of origin, certificates of quality and quantity, bill of lading and insurance where the terms call for it.
Is crude sold CIF or FOB?
Either, according to the allocation. The terms are set out in the contract.
Markets
Where we deliver Crude Oil
Our core markets are Lomé in Togo, Burkina Faso through the Lomé corridor, and Cartagena in Spain. Other discharge ports are quoted on request.
Send the quantity, discharge port and delivery window. The trading desk replies with a formal offer after counterparty checks.
Why Jackson
Why buyers work with Jackson Oil & Gas
One counterparty
We trade as principal, so you deal with the party that owns the cargo and stands behind the contract.
Certified quality
An independent inspector certifies quality and quantity at the load port, and the certificates travel with the documents.
Secured payment
Every cargo is backed by an MT700 letter of credit or an MT760 standby letter of credit, agreed in the contract.
Request a quotation
Send the product, quantity, discharge port and delivery window. The trading desk replies with a formal offer after counterparty checks.