Energy
Crude Oil
Unrefined petroleum traded as a bulk energy commodity.
Market benchmark
—USD/MT
Currency
Unit
Physical material
Forms and documentation
Forms, grades, and documentation are confirmed per enquiry and aligned to each requirement.
Traded forms
Forms and specifications are confirmed per enquiry.
- Grade
- Confirmed per enquirySubject to transaction
- API gravity
- Confirmed per enquiry
- Sulphur content
- Confirmed per enquiry
- Origin
- Confirmed per enquiry
- Delivery point
- Confirmed per enquiry
- Minimum order quantity
- Confirmed per enquiry
- Availability
- Confirmed per enquiry
- Inspection
- Confirmed per enquiryCoordinated where agreed
- Documentation
- Confirmed per enquiry
- Incoterm
- Confirmed per enquiryAgreed per contract
Typical applications
- Transport fuels (petrol, diesel, jet fuel)
- Heating and power generation
- Petrochemical feedstock for plastics and chemicals
- Lubricants and industrial oils
- Bitumen and asphalt for construction
Regions served
Regions served are confirmed per transaction.
What affects the physical price
- OPEC+ supply policy and global production levels
- Global demand and macroeconomic conditions
- Crude quality (API gravity and sulphur content)
- Freight, shipping, and destination logistics
- Inventories, seasonality, and geopolitical risk
Displayed values are informational market benchmarks and may be delayed. They are not an offer, quote, investment recommendation, or guaranteed transaction price. Physical-metal pricing may vary by specification, quantity, origin, destination, logistics, inspection, and commercial terms.