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Crude Oil – Brent Grade

Item condition: New

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Auction ends: May 31, 2025 12:00 am
Timezone: UTC 0

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Reserve price has been met

Starting bid: $ 70,00
In Stock

Premium quality Brent crude oil barrels available for immediate auction.

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Description

This auction offers 1,000 barrels of high-grade Brent Crude Oil. The oil meets API Gravity standards of 38-39 and is stored in certified tanks under optimum conditions to preserve quality. The product is available FOB at the Port of Aberdeen with full SGS inspection and certification. Buyers must abide by all platform terms and settle payments within 5 business days after winning the auction. 10% deposit is required immediately upon auction close to secure the purchase, with the balance due prior to delivery. Risk transfers to the buyer once the cargo is loaded onto the vessel. Proxy bidding is enabled to help you place competitive bids automatically up to your desired maximum. Automatic relisting is enabled to maximize exposure should this auction close without a successful sale.

Auction History

May 7, 2025 12:00 amAuction started
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