Category: Uncategorized
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Introduction EN950 diesel—commonly known as Ultra-Low Sulfur Diesel (ULSD)—is one of the most traded refined petroleum products globally. With strict environmental standards, growing transportation needs, and rising industrial consumption, the demand for high-quality EN950 continues to increase. Because of this, buyers must understand the product specifications, trade regulations, sourcing process, and the importance of working…
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The terms A1 Jet Fuel Buyer, D2 Diesel Seller Mandate, Crude Oil Buyer Mandate, and EN950 Mandate Buyer are commonly used within petroleum trading—but often misunderstood. This blog explains what these roles mean and why they matter. What Is a Mandate in Oil Trading? A mandate is a legally authorized representative—appointed either by a buyer…
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In the global petroleum market, EN950 diesel—also known as Ultra-Low Sulfur Diesel (ULSD)—is one of the most frequently traded refined products. Because of its high demand across Europe, Asia, and Africa, serious buyers often appoint a Buyer Mandate to represent them in negotiations and sourcing. But what exactly is an EN950 Buyer Mandate, and why…