Distribution of Products/Oil business



The thing is,  there are many persons/companies who claim they have the ability to sell/buy fuel oil . And there are more and more dodgy companies/persons coming out into this fuel  market! Most said they have direct contact with refiners. With the distance problem, it makes it even harder to proof or verify if they are really what they are! How do you proof if the documents provided are real or fake?? And there isn't any proper authority who we can verify if these fuel sellers / buyer  are registered. We are not talking about a few thousands USD dollars, we are talking 10 or 20 thousands USD or even more!

Skype : sara.mazen49

Hi and Good day

I dont know much about fuel oil trading guidelines. But from whatever I know, there are traders licenses and registration of global trading agencies across the world. In other words, the trading of fuel oils itself is governed by different agencies like Federal trade commissions, national petroleum or fuel/oil authorities in different countries. There is still a lack of transparency in this fuel oil trading business and there is work going on to bring in transparent pricing and terms information, which should take some time to settle down

Otherwise, like what you mentioned, the 100 thousand dollar trading is not a large volume in fuel oil and is actually a small time trade. Therefore there is an element of risk, and you may try to get some kind of bank involved for the transaction like underwriting or LC or something similar; also look at third party insurers/ underwriters who will help the transaction and charge a fee for the service and so on.

All the very best


Distribution of Products

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Shaju Madhavan


Questions related to Logistics/ Transportation & SCM. B2B services/ Online Freight Exchanges/ IT Solutions like TMS/ WMS and Inventory Softwares. Technology applications like GPS based tracking solutions. Logistics services related questions like distribution planning and optimization, cost reduction & six sigma, inventory reduction & accuracies, WH design etc. In additions, questions on technology, B2B, B2C, Startups, ERP, Development and implementation, Merger & Acquisitions etc can also be queried


17 years of experience in Project Management, Logistics/ Transportation and SCM in India. Direct Implementation experience include - Logistics Business Consulting (Warehousing, Fleet Management, Distribution etc) - Inventory Management and Inventory Accuracies - Distribution, Network, Fleet Optimization - RFID, Barcode implementations - Business Plan, Business case, Startups, Advisory - Demand Planning & Forecasting - Supply Chain Design - 3PL/4PL services - Indian Logistics space - Cost reduction & Six Sigma - Logistics Contracting - IT enabled Logistics BPR - Logistics IT solutions like TMS/ WMS etc - Technology Applications deploying GPS/ GIS based applications - MR and MI reporting in this space

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