Home | Product | Light Crude Oil (LCO) (ESPO) / Barrel

Light Crude Oil (LCO) (ESPO) / Barrel

Minimum order quantity65
Estimate pricing$ 19.5 – $ 625Est. category range
AvailabilityIn stock
NameLight Crude Oil (LCO) (ESPO)
UnitBarrel
Min. Quantity2,000,000 Barrel
Max. Quantity5,000,000 Barrel per Month

Products Description

ESPO CRUDE OIL Min. Quantity: 2,000,000 Barrel Max. Quantity: 5,000,000 Barrel per Month CIF/FOB Price: USD 65/Barrel Last update: April 19, 2025. CIF ASWP APPROVED STANDARD BANKING WORKING PROCEDURES (1) 1. Buyer confirms SCO and issues an official ICPO inserting seller's terms and procedures. 2. Seller issues FCO for buyer's signing, buyer returns signed FCO and a letter of acceptance procedures. Seller issues draft contract/SPA which is open for amendments. 3. Buyer returns the signed draft contract with NCNDA/IMFPA and a letter of guarantee to perform. Seller submits the signed SPA for registration and legalization with the appropriate authorities. 4.Seller sends the below listed partial pop documents to buyer via government secured courier service or mail, on buyer choice. a. Statement of availability of product b. commitment to supply the product c. certificate of origin d. Product Passport e. Proforma Invoice 5. Buyer within 5 to 6 banking days issues SBLC swift MT760 according to Seller's fiduciary bank verbiage to seller nominated fiduciary offshore bank account for first month shipment, and whereby buyer fail to issue payment instrument within 7 banking days, buyer will make cash deposit of $480,000 by TT wire transfer for allocation and security guarantee to enable seller charter vessel and commence shipment, and this payment shall be deducted from the total cost of product after inspection at discharge port. 6. Seller bank issues the full set of proof of product (pop) and shipping documents with 2%pb (performance bond) to buyer's bank. QQ Certificate & Product passport docs, all will be issued on time. 7. Shipment commences immediately as scheduled in the contract. 8. Buyer pays for the total product value via TT/MT103 to the seller's bank after successful SGS/CIQ inspection at discharge port and title of product ownership transferred to buyer. 9. Seller pays all intermediaries involved in transaction as per signed NCNDA/IMFPA within 72 hours.

Product Categories

Crude Oil

Products Specification

NameLight Crude Oil (LCO) (ESPO)
UnitBarrel
Min. Quantity2,000,000 Barrel
Max. Quantity5,000,000 Barrel per Month
CIF/FOB PriceUSD 65/Barrel
Last updateApril 19, 2025

Supplier information

Basic member

Ruangthai Business Co., Ltd.

Thailand

Business type - Contact Seller

Inquire now

Post your requirement – Global Trade Plaza

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Light Crude Oil (LCO) (ESPO) / Barrel from other sellers

Buy Online Wholesale Light Crude Oil (LCO) (ESPO) / Barrel from Supplier & Exporter in Thailand

Light Crude Oil (LCO) (ESPO) / Barrel is a petroleum product traded in barrels. The seller specifies a minimum quantity of 2,000,000 barrels and a maximum quantity of 5,000,000 barrels per month. The CIF/FOB price is USD 65 per barrel as of the last update on April 19, 2025.

Import Wholesale Light Crude Oil (LCO) (ESPO) / Barrel for Your Business Needs

At Global Trade Plaza, we understand that quality is paramount in the B2B sector. As updated by the seller, the Light Crude Oil (LCO) (ESPO) / Barrel is manufactured to meet rigorous industry standards, ensuring reliability and performance for your business operations. Designed with businesses in mind, the product offers outstanding end user experience. As your business grows, so do your needs, hence it is designed to scale with you, offering flexible solutions that adapt to changing demands. Explore more such product varieties from sellers, suppliers, manufacturers and exporters at our website. You can even import or export Light Crude Oil (LCO) (ESPO) / Barrel or connect with global Importers and Exporters online.

About Supplier

Ruangthai Business Co., Ltd. is a premier leather products export company, established in 2010 and based in Thailand. With a decade of experience, Ruangthai Business Co., Ltd. has built a reputation for delivering high-quality leather goods to clients across the globe. The company specializes in a wide range of leather products, including bags, wallets, belts, and custom leather accessories, all crafted with precision and attention to detail. Leveraging advanced manufacturing techniques and stringent quality control processes, Ruangthai Business Co., Ltd. ensures that each product meets the highest standards. The company’s commitment to excellence, timely delivery, and customer satisfaction has made it a trusted name in the international market.Ruangthai Business Co., Ltd. continues to expand its global footprint, exporting its superior leather products to various countries, while maintaining strong relationships with clients worldwide.

Supplier Details for Light Crude Oil (LCO) (ESPO) / Barrel

Established - 6 Oct, 2026
Business Type - Contact Seller
Deals in Product Type - Crude Oil
Country - Thailand

Frequently Asked Questions (FAQs) on Light Crude Oil (LCO) (ESPO) / Barrel

1. What is the Seller’s Policy on Payment for Light Crude Oil (LCO) (ESPO) / Barrel?

The trusted supplier, Ruangthai Business Co., Ltd., accepts for transactions related to Light Crude Oil (LCO) (ESPO) / Barrel. All payments are processed securely via the Global Trade Plaza B2B platform, ensuring buyer protection and supplier credibility.

2. How to Place an Order for Light Crude Oil (LCO) (ESPO) / Barrel with Ruangthai Business Co., Ltd.?

Placing an order for Light Crude Oil (LCO) (ESPO) / Barrel with Ruangthai Business Co., Ltd. is quick and straightforward on Global Trade Plaza, a leading B2B marketplace for global buyers and suppliers. You can:

Use the Request to Buy feature for direct checkout

Click Inquire Now on the product page to message the supplier

Submit your needs via the Post Buy Requirements form

3. What Should You Consider When Buying Light Crude Oil (LCO) (ESPO) / Barrel Online in 2025?

When purchasing Light Crude Oil (LCO) (ESPO) / Barrel from a B2B marketplace in 2025, focus on the following critical factors:

Product specifications (material, durability, features)

Quality certifications and compliance

Supplier credibility and customer reviews

Minimum Order Quantity (MOQ) and bulk pricing

Lead time and delivery timelines

Comparing prices and communicating directly with verified sellers like Ruangthai Business Co., Ltd. can help ensure value for money and better sourcing decisions.

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5. What is the Port of Dispatch, Estimated Price, and Packaging Type Offered by Ruangthai Business Co., Ltd.?

Ruangthai Business Co., Ltd., a reliable B2B trader from Thailand, dispatches Light Crude Oil (LCO) (ESPO) / Barrel primarily through the port at Thailand. Packaging types (e.g., bulk, custom, eco-friendly) and estimated pricing may vary based on order volume and destination. To get detailed logistics and pricing information, reach out via the Inquire Now button or Sign Up for direct supplier interaction.