What Contract means

Object of the contract identified in a technical/quality document Term of the contract: Calendar date – Completion work Assignment: Contract – Credit arising out of the contract Termination: Infringements of the contractual terms – liquidation – reconstruction – bankruptcy Terms of delivery: • Incoterms • Transfer of responsibility • Title and risk of loss • Taxes and duties […]

Oil Contract

Crude Oil Contracts

  Major traded oils More than 170 different oils are traded on the market, but this section will discuss the three major oils that usually attract the most attention, both in the news and in the markets around the world. West Texas Intermediate (WTI) is a crude oil of extremely high quality and because of […]

oil trading

Crude Oil Trading

Oil market overview This article gives an overview of the oil market and its dynamics. Furthermore, analyzes the types of oils, their characteristics and the factors that can influence the supply and demand and thus the price of the oil in the market. The world crude oil market: The oil industry is a global enterprise that […]