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Energy Commodity
Brokerage & Trading
Consultancy

We act as a licensed intermediary and strategic advisor in the international physical trade of energy commodities — diesel, crude oil, fuel oil, and natural gas — governing every transaction under internationally recognised contract standards, inspection protocols, and trade regulations.

Diesel D2 / D6 Crude Oil Fuel Oil 380 / 180 Natural Gas LOI · ICPO · FCO SGS / CIQ FOB · CIF · DES · DAP NCNDA / IMFPA

Energy Commodities We Broker

We facilitate physical delivery transactions for the following energy products, connecting verified buyers with authorised sellers across global supply chains.

🛢️
Diesel Fuel
D2 · GOST R 52368 · EN 590

Gas Oil / Diesel D2 per GOST standards and EN 590 for European markets. Available in FOB, CIF, or DES terms from multiple origins.

  • Sulphur content: 10–500 ppm
  • Flash point min. 55°C
  • Cetane number min. 51
  • Quantity: 50,000 MT/month+
  • Origins: Russia, Kazakhstan, UAE, Europe
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Crude Oil
Urals · Brent · ESPO · WTI Blend

Physical crude oil brokerage across major global benchmarks. We facilitate spot and term contracts for refineries, traders, and sovereign buyers.

  • API gravity: 28–45°
  • Sulphur: 0.1% – 1.5% by weight
  • Quantity: 500,000 – 2M barrels/month
  • Origins: Russia, Iraq, Saudi Arabia, USA
  • Delivery: VLCC / Suezmax tanker
Fuel Oil
IFO 380 · IFO 180 · VLSFO · ULSFO

Marine and industrial fuel oil brokerage under IMO 2020 sulphur regulations, including VLSFO and ULSFO compliant grades for bunker and power generation use.

  • Viscosity: 180 – 380 cSt at 50°C
  • Sulphur: ≤0.1% (ULSFO) / ≤0.5% (VLSFO)
  • Quantity: 25,000 MT/month+
  • Specs: ISO 8217:2017 compliant
  • Delivery: FOB barge / CFR port
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Natural Gas
LNG · Pipeline Gas · TTF · Henry Hub

Natural gas and LNG trade facilitation including spot cargoes and long-term supply agreements indexed to TTF, NBP, or Henry Hub benchmarks.

  • LNG: −162°C liquefied methane
  • Calorific value: 38–42 MJ/m³
  • Quantity: 1–5 LNG cargoes/month
  • Delivery: DES / FOB / EXW regasification
  • GIIGNL standards applied

Energy Price Index

Live indicative reference prices for key energy commodities, updated continuously. Based on international benchmark indices (Platts, Argus, ICE). All prices in USD. For transaction pricing, official Platts/Argus assessments on the bill of lading date apply.

LIVE FEED ACTIVE | Indicative — Benchmark: Platts / Argus / ICE
Last update: --:--:-- Next refresh: --s UTC+0
INTRADAY TREND — 24H
Crude Oil (Brent)
24h ago Now
MARKET SUMMARY
⚠ Indicative prices only.
Not for trading purposes.
Official Platts/Argus assessments
govern all physical contracts.
BENCHMARK INDEX REFERENCE
Commodity Price 24h Chg 7d Chg 52w Low 52w High Unit Benchmark

Transaction Process — Step by Step

Every transaction we manage follows a structured, internationally recognised procedure that protects all parties and ensures regulatory compliance from mandate to delivery.

01
Initiation
Mandate Registration & NDA Execution

The transaction begins when a seller or buyer submits a formal trade mandate to Unoliva-Tech. Both parties and any intermediaries sign a Non-Circumvention, Non-Disclosure Agreement (NCNDA) and, where applicable, an Inter-Mediary Fee Protection Agreement (IMFPA), establishing the legal framework for commission protection under ICC rules.

Trade Mandate Letter NCNDA (ICC 400) IMFPA KYC / AML Check Mandate Validity: 1 year
02
Expression of Interest
LOI — Letter of Intent

The buyer issues a Letter of Intent (LOI) to the seller, specifying the desired commodity, quantity, quality specifications, preferred delivery terms (Incoterms), target price, and proposed payment method. The LOI is a non-binding commercial expression governed by good-faith negotiation principles under the CISG (UN Convention on Contracts for the International Sale of Goods).

Commodity Specification Quantity (MT / BBL) Incoterms 2020 CISG Framework Target Price ($/MT or $/BBL)
03
Seller Response
FCO — Full Corporate Offer

In response to the LOI, the seller issues a Full Corporate Offer (FCO) — a detailed, binding commercial offer that confirms availability, exact specifications, price, delivery schedule, and payment terms. The FCO is signed by an authorised company director and forms the basis of subsequent contract negotiations.

Product Specifications Price Formula / Fixed Delivery Schedule Payment Terms Validity Period (typically 3–7 days)
04
Formal Purchase Order
ICPO — Irrevocable Corporate Purchase Order

Upon accepting the FCO, the buyer issues an Irrevocable Corporate Purchase Order (ICPO) — a legally binding, irrevocable commitment to purchase the stated commodity under the agreed terms. The ICPO must be on company letterhead, notarised, and include the buyer's bank details and authorised signatory. This document triggers the contract drafting phase.

Company Letterhead + Seal Notarisation Bank Coordinates Irrevocable Commitment Authorised Signatory
05
Contract Execution
SPA — Sales & Purchase Agreement

Unoliva-Tech facilitates drafting and review of the Sales & Purchase Agreement (SPA), the master contract that governs the entire transaction. The SPA incorporates commodity specs, quantity tolerance (±5% MOLOO), price escalation clauses, force majeure provisions, arbitration clauses (ICC or LCIA), and penalty terms for non-performance by either party.

±5% MOLOO Tolerance Price Escalation Clause Force Majeure ICC / LCIA Arbitration English Law / UNCITRAL
06
Payment Security
LC / SBLC / BG — Payment Instruments

Payment is secured through bank-issued financial instruments — Documentary Letter of Credit (LC) issued under UCP 600 rules, Standby Letter of Credit (SBLC), or Bank Guarantee (BG). All instruments must be issued by a prime bank (Top 25 world banks by asset) rated A– or above by S&P, Moody's or Fitch. MT700 / MT760 SWIFT messaging protocols are used.

UCP 600 Documentary LC SBLC / MT760 MT700 SWIFT Prime Bank (Top 25) A– Rated or Above
07
Quality Assurance
SGS / CIQ Inspection — Q&Q Certificate

Prior to shipment, an independent third-party inspection body — typically SGS (Société Générale de Surveillance) or CIQ (China Inspection & Quarantine) — performs a Quantity and Quality (Q&Q) inspection at the loading port. This ensures the commodity meets contracted specifications and that the stated volume is verified. The Q&Q Certificate is required for LC document presentation.

SGS at Loading Port CIQ (China Origins) Q&Q Certificate ATL / ATD Statement Bill of Lading Issued
08
Delivery & Settlement
Shipment, Documents & Payment Release

The cargo is shipped under the agreed Incoterms. A full shipping document set — Bill of Lading, Certificate of Origin, SGS Q&Q Certificate, Commercial Invoice, Packing List, and Insurance Certificate — is presented to the buyer's bank for LC negotiation and payment release. Intermediary commissions are disbursed per the IMFPA upon successful bank-to-bank payment.

Bill of Lading (B/L) Certificate of Origin Commercial Invoice Insurance Certificate IMFPA Commission Release

Key Contracts & Documents Explained

Understanding the standard legal instruments used in international energy commodity trading is essential to conducting compliant, enforceable transactions.

NCNDA
Non-Circumvention, Non-Disclosure Agreement

Protects all intermediaries and parties from being bypassed or their confidential information disclosed without consent. Typically governed by ICC rules and enforceable in signatory jurisdictions. Valid for 1–5 years.

ICC 400 / UNIDROIT
IMFPA
Irrevocable Master Fee Protection Agreement

Irrevocably commits all principals to pay agreed commission fees to intermediaries upon successful transaction completion. Specifies fee percentages, payment timeline, and bank coordinates. Binds the seller's bank to disburse fees directly.

International Commercial Law
LOI
Letter of Intent

A non-binding document issued by the buyer expressing interest in purchasing a specific commodity under stated terms. It initiates negotiations and allows the seller to prepare a Full Corporate Offer. Must specify product, quantity, quality, Incoterms, and price target.

CISG / Good Faith Principle
FCO
Full Corporate Offer

A formal, binding commercial offer from the seller confirming product availability, specifications, price, delivery terms, and validity period. Issued on corporate letterhead by an authorised director. Acceptance by the buyer triggers the ICPO.

Binding Commercial Offer
ICPO
Irrevocable Corporate Purchase Order

The buyer's formal, irrevocable commitment to purchase upon receipt and acceptance of the FCO. Must be on official company letterhead, signed by an authorised signatory, and may require notarisation. Triggers SPA contract drafting and LC issuance.

Binding Purchase Commitment
SPA
Sales & Purchase Agreement

The master contract governing the transaction in full — commodity specs, quantity, price formula, delivery schedule, payment terms, force majeure, penalties, arbitration, and jurisdiction. Typically governed by English law and ICC arbitration rules.

English Law / ICC Arbitration
LC / UCP 600
Documentary Letter of Credit

A bank-issued, internationally standardised payment instrument governed by ICC's Uniform Customs and Practice for Documentary Credits (UCP 600). Guarantees payment to the seller upon compliant document presentation, providing security to both parties.

ICC UCP 600
SBLC
Standby Letter of Credit

A secondary payment guarantee — a bank promise to pay the beneficiary if the applicant defaults. Governed by ISP98 (International Standby Practices) or UCP 600. Transmitted via SWIFT MT760 and typically valid for 1 year.

ISP98 / SWIFT MT760
B/L
Bill of Lading

A multi-function shipping document: (1) receipt of cargo from the shipper, (2) contract of carriage between shipper and carrier, and (3) title document conveying ownership of the cargo. Issued by the shipping line under Hague-Visby Rules. Required for LC presentation and customs clearance.

Hague-Visby Rules / UNCITRAL

Delivery Terms We Operate Under

Published by the International Chamber of Commerce (ICC), Incoterms 2020 define the responsibilities, costs, and risk transfer points between buyer and seller in international trade. We structure every energy commodity transaction under the most appropriate term for the cargo type, origin port, and buyer requirements.

FOB
Free On Board

Seller delivers when cargo crosses the ship's rail at the named loading port. Buyer bears all costs and risk from that point. Buyer arranges freight and insurance. Most common for crude oil and bulk fuel transactions.

Risk transfer: At loading port rail
Seller risk ↑ — Buyer risk ↑
CIF
Cost, Insurance & Freight

Seller delivers when cargo is on board the vessel and pays for freight and insurance to the destination port. Risk transfers to buyer once on board. Seller handles export clearance; buyer handles import clearance and unloading.

Risk transfer: On board at origin
Seller risk ↑↑ — Buyer risk ↑
DES
Delivered Ex Ship

Seller bears all risk and costs to deliver the cargo to the named destination port on board the vessel, ready for unloading. Risk transfers when cargo is made available to the buyer at the discharge port. No longer in Incoterms 2010+ but widely used in energy spot markets under custom SPA terms.

Risk transfer: At discharge port (on vessel)
Seller risk ↑↑↑ — Buyer risk ↓
DAP
Delivered At Place

Seller delivers when the goods are placed at the buyer's disposal at the named destination, ready for unloading. Seller bears all costs and risk to that point excluding import duties. Used for pipeline gas deliveries and terminal-to-terminal transactions.

Risk transfer: At named destination place
Seller risk ↑↑↑↑ — Buyer risk ↓↓
CFR
Cost & Freight

Like CIF but without seller-arranged insurance. Seller pays freight to destination port; buyer arranges insurance from loading. Risk transfers on loading. Common in fuel oil and LPG trades where buyers have their own marine insurance policies.

Risk transfer: On board at origin
Seller risk ↑↑ — Buyer risk ↑↑
EXW
Ex Works

Minimum seller obligation — goods made available at seller's premises. Buyer arranges all transport, export clearance, and insurance from that point. Used for pipeline gas at production facilities or refinery gate sales where the buyer controls logistics.

Risk transfer: At seller's premises
Seller risk ↓ — Buyer risk ↑↑↑↑

Independent Inspection Protocols

SGS — Société Générale de Surveillance

SGS is the world's leading inspection, verification, testing, and certification company, headquartered in Geneva. In energy commodity trade, SGS inspectors perform independent Quantity and Quality (Q&Q) assessments at the loading terminal, ensuring the cargo loaded matches the contracted specifications and volume before the Bill of Lading is issued.

  • ⚖️
    Quantity Verification Shore tank measurement, vessel ullage survey, VEF (Vessel Experience Factor) applied. Volume corrected to 15°C per API/ASTM standards.
  • 🧪
    Quality Analysis Laboratory testing for density, sulphur content, flash point, viscosity, pour point, water content, and sediment against ASTM / ISO / IP methods.
  • 📄
    Certificate Issuance SGS issues Q&Q Certificate, COA (Certificate of Analysis), and ATD/ATL statements. These documents are required for LC negotiation and customs entry.
  • 🛡️
    Dispute Resolution SGS findings are internationally recognised and accepted by banks, courts, and arbitration panels as primary evidence in commodity disputes.

CIQ — China Inspection & Quarantine

The General Administration of Customs of China (GACC), formerly AQSIQ/CIQ, is the competent authority for inspection and quarantine of imported and exported commodities into China. For energy commodity shipments destined for Chinese ports, CIQ certification is mandatory and legally required for customs clearance under Chinese import regulations.

  • 🚢
    Pre-shipment Inspection CIQ conducts inspection at origin port for China-bound cargoes. Verifies compliance with Chinese GB standards and import commodity catalogue requirements.
  • 📋
    Commodity Registration Suppliers of crude oil and petroleum products for export to China must be registered with GACC. Unoliva-Tech assists in registration and compliance documentation.
  • 🔬
    GB Standard Compliance Products must meet Chinese national standards (GB/T). Relevant standards include GB/T 19147 for vehicle diesel and GB/T 17411 for fuel oils.
  • CCC / Customs Clearance CIQ inspection report is a mandatory document for import customs declaration. Without it, cargoes are detained and may be re-exported at buyer's cost.

Compliance & Regulatory Standards

All transactions brokered by Unoliva-Tech are conducted within a strict multi-layered compliance framework covering international trade law, financial regulations, and commodity-specific standards.

International Trade Law

Transactions are structured under internationally recognised legal frameworks that provide enforceable rights and obligations across jurisdictions.

  • CISG — UN Convention on Contracts for the International Sale of Goods (Vienna Convention 1980)
  • UNIDROIT Principles of International Commercial Contracts
  • ICC Uniform Customs and Practice for Documentary Credits (UCP 600)
  • ISP98 — International Standby Practices (SBLC)
  • Hague-Visby Rules — International Convention for Carriage of Goods by Sea
  • UNCITRAL Model Law on International Commercial Arbitration
  • ICC Rules of Arbitration (in force 2021)
  • LCIA (London Court of International Arbitration) Rules

Financial & AML Compliance

Unoliva-Tech applies rigorous KYC/AML standards to all counterparties and is committed to preventing sanctioned entity involvement in any transaction.

  • FATF (Financial Action Task Force) AML/CFT recommendations
  • EU AML Directives (AMLD4, AMLD5, AMLD6)
  • OFAC SDN List screening (US Treasury)
  • UN Security Council sanctions list compliance
  • EU Consolidated Sanctions List screening
  • KYC — Know Your Customer: identity verification, beneficial ownership, source of funds
  • PEP (Politically Exposed Persons) screening
  • Correspondent bank compliance per SWIFT standards

Commodity-Specific Regulations

Energy commodities are subject to national and international product standards, environmental regulations, and sector-specific rules.

  • IMO 2020 — Global Sulphur Cap: ≤0.5% S for marine fuels (MARPOL Annex VI)
  • EU Fuel Quality Directive 98/70/EC (EN 590 diesel standard)
  • ASTM International standards for petroleum product testing
  • ISO 8217:2017 — Marine Fuels Specification
  • GOST R 52368-2005 / GOST 305-2013 (Russian diesel standards)
  • API (American Petroleum Institute) gravity and quality standards
  • GIIGNL — International Group of LNG Importers standards
  • IEA (International Energy Agency) reporting obligations

Customs & Export Control

All cross-border commodity flows require full customs documentation and, in some cases, export licences from the originating country's competent authority.

  • HS Code classification under World Customs Organization (WCO) Harmonized System
  • EAR (Export Administration Regulations) — US Bureau of Industry and Security
  • EU Dual-Use Regulation 2021/821 where applicable
  • Certificate of Origin (CO) — chamber of commerce or government issued
  • Export licence requirements for controlled-origin crude oil
  • Customs Entry Declaration (CED) / Import Commodity Inspection (China)
  • GACC registration for food-grade and petroleum products entering China
  • ECTN / BESC certificate requirements for West African destination ports

How Unoliva-Tech Participates

Depending on the deal structure and client need, Unoliva-Tech can operate in multiple capacities within a single transaction.

🤝
Commodity Broker
Intermediary / Facilitator

We introduce and connect verified buyers and sellers, manage the documentary flow, and ensure both parties fulfil their contractual obligations. We receive a negotiated commission (typically 0.5–2% of transaction value) paid by the seller upon successful completion, per the IMFPA.

📋
Trade Advisor
Strategic Consulting

We advise clients on deal structure, contract terms, price benchmarks (Platts, Argus, ICE), Incoterms selection, payment instrument optimisation, and regulatory compliance — without acting as principal in the transaction. Retainer or success-fee basis.

🏛️
Mandate Holder
Seller / Buyer Representative

We hold a signed, exclusive mandate from a seller or buyer to represent them in a transaction — authorised to receive and present offers, negotiate terms, and sign commercial documents on their behalf within defined parameters. Mandate is registered with all parties.

🔍
Due Diligence Partner
Counterparty Vetting

We conduct independent due diligence on counterparties — corporate registration verification, beneficial ownership mapping, sanctions screening, trade history assessment, and bank reference checks — reducing fraud risk in transactions involving new or unfamiliar parties.

📦
Logistics Coordinator
Shipping & Freight Advisory

For FOB buyers or CIF sellers, we coordinate vessel chartering through reputable shipbrokers, arrange marine insurance (Institute Cargo Clauses A), oversee SGS appointment, manage laytime and demurrage tracking, and supervise port agency and NOR (Notice of Readiness) procedures.

⚖️
Dispute Navigator
Pre-arbitration Resolution

When disputes arise over quality, quantity, payment, or delivery, we assist parties in pre-arbitration negotiation, evidence gathering, and documentation review — and can refer to accredited ICC or LCIA arbitration panels when amicable resolution is not achievable.

⚠️ Important Notice

Unoliva-Tech operates as a commodity broker and trade advisor. We do not hold, store, or take title to physical energy commodities. All transactions are conducted between principals (sellers and buyers) with Unoliva-Tech acting as facilitator or advisor. Prospective counterparties should conduct their own legal and financial due diligence. The presence of standard trade terminology (LOI, FCO, ICPO, etc.) on this page is for informational purposes only and does not constitute a contractual offer. All engagements are formalised through signed mandate agreements and governed by applicable law.

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Live Market Data

Diesel Spot Price Monitor

Track real-time ULSD, Gasoil, Heating Oil and Crude benchmarks across ARA Rotterdam, USGC, and Singapore. Interactive 1Y price chart, regional spread table, and a live price alert engine — all in your browser.

  • 6 live commodity price cards with sparklines
  • USD/MT ↔ USD/BBL toggle across all instruments
  • 7D / 30D / 90D / 6M / 1Y interactive chart
  • Session-based price alert engine (above/below)
Open Price Monitor →
🤖
Powered by Claude AI

AI Sales Policy Generator

Enter your spot price, margin, customer tier, Incoterm, and payment terms. Claude AI instantly drafts a complete, professional diesel sales policy — pricing tiers, volume discounts, payment clauses, force majeure, and governing law — ready to send to a counterparty.

  • Full policy in English, Turkish, French, Arabic, Russian, German
  • Dynamic volume discount tier builder
  • Refine: shorter / more formal / aggressive pricing
  • Copy · Print · Download in one click
Generate a Policy →

Ready to Initiate a Trade Mandate?

Whether you are a verified seller with allocation, a buyer seeking supply, or a company requiring trade advisory support — contact our energy trading desk to begin.