Tag: petroleum mandate
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Introduction D1 and D2 diesel are two of the most traded fuels worldwide, essential for transportation, agriculture, industrial operations, and power generation. However, many buyers and brokers confuse the two. This blog outlines their differences and provides a deep understanding of sourcing and verifying legitimate suppliers. What Is D1 Diesel? D1 diesel is a high-quality,…
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Introduction Crude oil is the backbone of the global energy sector, and trading it requires high-level compliance, financial credibility, and security. Because of the complexity involved, many buyers appoint a Buyer Mandate—a legally authorized individual or company—to conduct negotiations and secure real supply. This blog explains the responsibilities of a crude oil buyer mandate and…
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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…