Crude oil quotes: Russian crude, ESPO, and bonded crude trading

    Specialized China market service with 4-hour response

    Global Crude Oil Trading

    Finding Reliable Crude Oil Suppliers, Verified First

    Third-party procurement advisory for crude oil, spanning North America, Africa, and the Middle East

    We connect refineries with verified suppliers and handle procurement for governments, utilities, and power plants under long-term supply agreements.

    Crude Oil Supply Broker | Energy Commodities Intermediation | Supplier Identification and Qualification

    Verified supplier access with supplier verification services and counterparty due diligence for bulk fuel sourcing

    ESPO Blend

    Russia

    Available for China
    Most popular with Chinese buyers, high quality light sweet crude

    Urals

    Russia

    Available for China
    High demand post-sanctions, medium sour crude

    Oman/Dubai

    Middle East

    Available for China
    Benchmark crudes for Asian markets including China

    Brazilian Grades (Tupi, Buzios)

    Brazil

    Available for China
    Growing demand, medium-heavy sweet crude

    China Market Insights

    Weekly China Crude Imports

    Total Volume:11.2M bbl/day
    vs. Last Week:+3.2%
    Russia (ESPO/Urals):2.8M bbl/day
    Middle East:4.1M bbl/day
    Americas:1.6M bbl/day
    Others:2.7M bbl/day

    Price Trends (China Delivered)

    ESPO Blend:$82.50/bbl ↑2.1%
    Urals:$76.30/bbl ↑1.8%
    Oman/Dubai:$84.20/bbl ↓0.5%
    Brazilian (Tupi):$81.70/bbl ↑1.2%

    Teapot Refiner News

    Nov 15, 2024
    Shandong refineries increase crude imports by 8% as margins improve
    Nov 12, 2024
    New import quotas allocated to independent refiners for Q1 2025
    Nov 8, 2024
    Teapot refiners shift to Russian crude amid price advantages
    Nov 5, 2024
    Brazil's Petrobras secures long-term supply deal with Chinese buyers

    Crude Oil Specifications

    We facilitate transactions across all major crude oil grades with comprehensive quality assurance

    Light Sweet Crude

    Premium quality crude oil ideal for gasoline and diesel production

    API Gravity: 38-45°
    Sulfur content: <0.5%
    WTI & Brent benchmarks
    Premium refining quality

    Medium Crude

    Balanced properties suitable for versatile refining operations

    API Gravity: 30-38°
    Sulfur content: 0.5-1%
    Balanced product yields
    Cost-effective option

    Heavy Sour Crude

    Higher sulfur content, ideal for complex refineries

    API Gravity: 20-30°
    Sulfur content: >1%
    Diverse product yields
    Volume-driven pricing

    Why Choose Our Platform

    Industry-leading crude oil trading solutions with comprehensive support

    Multiple Crude Grades

    Access to light sweet, medium, and heavy sour crude oil from certified global producers

    Large Volume Handling

    Facilitate transactions from 100,000 to 10+ million barrels per month

    International Logistics

    FOB, CIF, and DES delivery terms with global shipping and documentation support

    Quality Assurance

    SGS/Intertek certified crude assay reports and comprehensive quality verification

    Verified Suppliers

    Rigorous vetting of production facilities, export licenses, and financial capability

    End-to-End Support

    From contract negotiation to final delivery, full transaction management and support

    Major Crude Oil Benchmarks

    Global pricing standards for crude oil trading

    WTI

    West Texas Intermediate

    North American benchmark, light sweet crude produced in the United States

    Brent Crude

    North Sea Benchmark

    International benchmark sourced from North Sea oil fields

    Dubai/Oman

    Middle Eastern Benchmark

    Pricing standard for crude oil delivered to Asian markets

    Ready to Start Trading Crude Oil?

    Whether you're a buyer looking for reliable crude oil supply or a producer seeking global markets, our platform connects you with verified partners.

    Crude oil sourcing for the China market

    We focus on Russian crude, ESPO crude, and bonded crude trading, serving Shandong independent refineries and licensed importers.

    Russian and ESPO crude supply

    We connect buyers to Russian crude oil supply channels, including ESPO crude and Urals crude. Preferential pricing under the zero-tariff policy suits Shandong independent refineries as well as state-owned refineries.

    • • ESPO Blend - light, low-sulfur crude
    • • Urals - medium, sour crude
    • • Zero-tariff preferential terms
    • • Flexible delivery terms

    Bonded crude trading

    Our bonded crude trading support helps licensed importers and independent refineries optimize procurement costs and simplify customs clearance.

    • • Bonded storage arrangements
    • • Flexible pickup scheduling
    • • Optimized tax treatment
    • • Customs clearance support

    Direct sourcing for Shandong independent refineries

    We work directly with Shandong independent refineries (teapot refiners), guiding buyers through the import quota application process as part of a one-stop China crude oil import solution.

    • • Quota application assistance
    • • Tailored procurement plans
    • • Long-term supply contracts
    • • Dedicated China account management

    Why buyers choose our crude oil sourcing

    China market experience

    We understand the China crude oil import market and the requirements set by the Ministry of Commerce, customs, and inspection and quarantine authorities. Dedicated account managers with China market experience keep communication clear throughout the transaction.

    Diverse supply channels

    Sourcing spans Russian crude, Middle Eastern crude, and Brazilian crude among other origins.ESPO crude and other grades suited to the China market are a particular focus.

    Flexible trading terms

    FOB, CIF, and other delivery terms are supported, along with bonded crude trading arrangements. RMB and USD settlement are both available to reduce exchange-rate exposure.

    Full-service support

    From quota application and contract negotiation through logistics and customs clearance, a dedicated account managertracks the transaction end to end.

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