I have a seller of Saudis best crude (20, 000, 000 barrels a month). Discount price is $4-$6 per barrel. Delivery to the US having the highest discount price. A $6 discount will be net with the buyer getting $3 *s and the seller $2. The broker groups involved in the transaction getting $1 to be split.The seller would request that the buyer be registered and provide proof and or will be registered with Saudi Arabia.The buyer will need to provide a letter from a refinery unless the buyer owns a refinery where the crude is to be delivered.Seller requests that the buyer have a website,Before a purchasing contract is prepared, the seller wants a commission agreement signed.
