Crude oil, ULSD, Jet A-1, gasoline, fuel oil, LPG, bitumen and natural gas — physical commodity trading under formal Sale and Purchase Agreements with SGS / Bureau Veritas inspection at every load point. Operations anchored in Mersin (Mediterranean Turkey) and Fujairah (UAE), with access to major MENA, Black Sea and West African crude and product streams.
Key Supply Parameters
All products are traded under formal written Sale and Purchase Agreements specifying grade, specification, volume, delivery terms and inspection protocol before any cargo commitment.
Physical crude oil across the major benchmark and regional grades. Brent Dated (North Sea, ICE pricing reference): light sweet, API ~38°, sulphur ~0.37% — the global price benchmark. WTI (West Texas Intermediate, NYMEX): API ~39.6°, sulphur ~0.24% — US benchmark. ESPO Blend (East Siberia-Pacific Ocean pipeline, Russian Far East): API ~34–35°, sulphur ~0.5% — key Pacific Basin grade. Urals (Russian export blend, Baltic/Black Sea): API ~31–32°, sulphur ~1.5% — European refinery standard medium sour. Arab Light (Saudi Aramco, FOB Ras Tanura): API ~33°, sulphur ~1.8% — OPEC benchmark, Platts Oman/Dubai reference. West African grades (Bonny Light, Qua Iboe, Cabinda): light sweet, premium quality for complex refinery crudes. All crude priced at published benchmark ± differential agreed in SPA.
Ultra-Low Sulphur Diesel (ULSD): sulphur ≤10 ppm (EN 590 European standard), cetane number ≥51, density 820–845 kg/m³ at 15°C, flash point ≥55°C. The mandatory diesel specification across the EU, UK, Turkey, MENA and most global markets. International Trade Group trades ULSD as its primary clean product — from Turkish refineries (Tüpraş Izmit/Aliağa/Batman/Kırıkkale), Black Sea origins, and Mediterranean product tanker programs. Detailed standalone page: Diesel ULSD 10 PPM . Also available: Gasoil 50 ppm (EN 590, agricultural and off-road use); Marine Gasoil (MGO) 0.1% sulphur (IMO 2020 compliant).
Aviation turbine fuel (ATF) to Jet A-1 specification: flash point ≥38°C (min), freeze point ≤−47°C, density 775–840 kg/m³ at 15°C, smoke point ≥25 mm, sulphur ≤3,000 ppm (ASTM D1655 / DEF STAN 91-091). The global standard for commercial aviation. Additive packages (antioxidant, static dissipator, corrosion inhibitor, fuel system icing inhibitor / FSII) per AFQRJOS (Aviation Fuel Quality Requirements for Jointly Operated Systems). International Trade Group supplies Jet A-1 from Mersin and Fujairah for regional into-plane programs, fuel farm supply and airport depot tenders. Jet A (US domestic, freeze point ≤−40°C) and TS-1 (Russian specification, lower freeze point) available on inquiry.
Unleaded motor gasoline: RON 92 (Research Octane Number, standard grade for emerging markets and price-sensitive destinations), RON 95 (European premium grade, EN 228, sulphur ≤10 ppm, RVP summer/winter grades), RON 98 (premium super unleaded). All grades unleaded (Pb ≤5 mg/L). Oxygenate content: ethanol up to 5% v/v (E5) or 10% v/v (E10) per market specification. RVP (Reid Vapour Pressure) summer/winter seasonal grades per EN 228 Annex B. International Trade Group trades gasoline (mogas) for MENA, West Africa and Mediterranean destinations from Mersin and Fujairah loading points. Naphtha (full-range and light naphtha, petrochemical feedstock grade) also available.
Marine and industrial fuel oil across the IMO 2020 sulphur tier structure. HSFO (High Sulphur Fuel Oil, RMG 380 cSt): S ≤3.5%, viscosity 380 cSt at 50°C (ISO 8217 RMG 380) — only permitted in open loop scrubber-fitted vessels or non-ECA industrial use post-IMO 2020. VLSFO (Very Low Sulphur Fuel Oil, 0.5% S, RMG 380 cSt or blends): the IMO 2020 compliant standard for open-sea bunkering. ULSFO (Ultra Low Sulphur Fuel Oil, ≤0.1% S, DMA grade): mandatory in Emission Control Areas (ECAs) — North Sea, Baltic, North American coastal, US Caribbean. Marine Diesel Oil (MDO, DMB): distillate-residual blend. Marine Gas Oil (MGO, DMA): pure distillate, ≤0.1% S. Bunker supply from Fujairah (major bunker hub) and Mersin.
Liquefied Petroleum Gas: commercial propane (C3H8), commercial butane (C4H10) and propane-butane mixtures. HD-5 propane (≥90% propane, ≤5% propylene): North American automotive LPG standard. Autogas (EN 589): European automotive LPG for LPG-converted vehicles. Commercial butane: vapour pressure 3–4 bar at 20°C — domestic bottled gas (camping, household cooking) in warm climates. Propane: vapour pressure 7–8 bar at 20°C — domestic bottled gas in cold climates, industrial use, petrochemical feedstock (PDH plants for propylene production). Refrigerant-grade propane (R-290): refrigerant for domestic and light commercial refrigeration systems. Seaborne LPG cargo from Middle East (VLGC — Very Large Gas Carrier) and Mediterranean supply. Pricing: CP (Contract Price, Saudi Aramco monthly CP for propane and butane) is the dominant benchmark.
Bitumen (asphalt) for road construction, waterproofing and industrial applications. Penetration grades per EN 12591: 40/60 (hard, high-traffic roads in warm climates), 60/70 (standard paving bitumen, most widely traded global grade), 80/100 (softer, cold climates and airport taxiways), 160/220 (oxidised, industrial roofing and waterproofing). Viscosity grades: VG-10, VG-20, VG-30, VG-40 (Indian ASTM-based specification). Polymer Modified Bitumen (PMB): SBS (styrene-butadiene-styrene) or SBR-modified bitumen for high-stress, high-temperature pavements, bridges and airport runways — improved elasticity, rutting resistance and fatigue life. Cutback bitumen: RC-70, MC-250, SC-800 (solvent-thinned for surface dressing and cold-applied applications). Emulsified bitumen: cationic (CRS-1, CRS-2) for chip seal and tack coat. Origins: Iran (Bandar Abbas), Turkey (Tüpraş), Iraq.
Natural gas across three physical delivery forms. Pipeline gas: methane-rich (CH4 ≥85%), GCV ≥34 MJ/m³, H2S ≤4 ppm, CO2 ≤2%, water dew point ≤−8°C at pipeline pressure — traded against TTF (Title Transfer Facility, Netherlands), NBP (UK), or Turkey domestic BOTAŞ reference. LNG (Liquefied Natural Gas): pipeline gas liquefied at −162°C to 1/600th volume for vessel transport — International Trade Group has been active in LNG spot cargo programs, including a structured offer to GSPC India (58,367 MT / 3,053,600 MMBTU, JKM benchmark). Detailed LNG capability: Natural Gas, LNG &LPG page . CNG (Compressed Natural Gas): pipeline gas compressed to 200–250 bar for road transport and industrial distribution.
Intermediate and petrochemical feedstock products adjacent to crude and refined product trading. Naphtha (full-range FR naphtha, light naphtha): steam cracker feedstock for ethylene/propylene production, also blendstock for gasoline; priced at Platts naphtha CIF NWE or CFR Japan. Gas condensate (C5+ ultralight, API 50–80°): from gas field processing, used as naphtha substitute and blendstock. MTBE (methyl tert-butyl ether): high-octane gasoline blendstock (RON 118), sulphur-free — demanded in MENA markets where ethanol blending is restricted. Benzene: petrochemical primary feedstock (styrene, phenol, cyclohexane production); priced at Platts Benzene NWE. Toluene, Mixed Xylenes (MX): para-xylene (PX) feedstock for PET production. Sulphur (granular, prilled): refinery by-product from hydrodesulphurisation, used in fertiliser (sulphuric acid) and chemicals.
| Product | Key Spec | Sulphur | Density (15°C) | Flash Point | Standard | Price Reference |
|---|---|---|---|---|---|---|
| Crude — Brent | API ~38°, sweet | ~0.37% | ~833 kg/m³ | — | ICE Brent | ICE Brent Dated |
| Crude — Urals | API ~31°, medium sour | ~1.5% | ~868 kg/m³ | — | Platts | Brent ± Urals diff |
| ULSD EN 590 | CN ≥51, CFPP seasonal | ≤10 ppm | 820–845 kg/m³ | ≥55°C | EN 590 | ICE Gasoil ± diff |
| Jet A-1 | Freeze ≤−47°C, smoke ≥25mm | ≤3,000 ppm | 775–840 kg/m³ | ≥38°C | DEF STAN 91-091 | Platts CIF ARA Jet |
| Gasoline RON 95 | RON ≥95, MON ≥85 | ≤10 ppm | 720–775 kg/m³ | ≥−40°C | EN 228 | Platts Prem Unld CIF NWE |
| HSFO RMG 380 | Viscosity 380 cSt/50°C | ≤3.5% | ≤991 kg/m³ | ≥60°C | ISO 8217 | Platts HSFO 3.5% FOB |
| VLSFO 0.5% | Viscosity ≤380 cSt/50°C | ≤0.50% | ≤991 kg/m³ | ≥60°C | ISO 8217 | Platts VLSFO 0.5% FOB |
| MGO DMA | Viscosity ≤6.0 cSt/40°C | ≤0.10% | ≤890 kg/m³ | ≥60°C | ISO 8217 | Platts MGO 0.1% FOB |
| Bitumen 60/70 | Pen. 60–70 dmm at 25°C | — | ~1,020 kg/m³ | ≥230°C | EN 12591 | Market / Spot |
| LPG Propane | C3 ≥95%, VP <16 bar at 45°C | ≤50 ppm | ~508 kg/m³ | −104°C | EN 589 / GPA 2140 | Saudi Aramco CP |
| Parameter | Detail |
|---|---|
| Minimum Volume | Crude oil: 500,000 bbls (Aframax minimum) · Refined products: 1,000–5,000 MT depending on grade · Bitumen: 500 MT · LPG: 1,000 MT · Natural gas: by negotiation |
| Delivery Terms | FOB · CIF · CFR · DAP · Ex-Tank · Ex-Pipe — Incoterms 2020 |
| Load Points | Mersin · İskenderun · Ceyhan · Aliağa (Turkey) · Fujairah · Jebel Ali · Ruwais (UAE) · Black Sea: Novorossiysk · Odessa · Constanța · West Africa: Bonny · Warri · Luanda |
| Vessel Types | VLCC (crude, 2M bbls) · Suezmax (crude, 1M bbls) · Aframax (500k bbls) · MR (clean products, 30,000 MT) · Handysize (products, 10,000–20,000 MT) · VLGC (LPG, 80,000 MT) · Q-Flex/Q-Max (LNG) |
| Inspection | SGS / Bureau Veritas / Intertek — quantity (ullage survey) and quality (sampling/analysis) at load port and/or discharge port · Independent inspector mandatory |
| Documents | Bill of Lading · Certificate of Origin · Quantity Certificate (OBQ/ROB) · Quality Certificate (CoA) · SGS/BV Inspection Report · Commercial Invoice · Vessel Q88 vetting documentation |
| Payment | Staged wire transfer · D/P · Escrow — documented in written SPA. SBLC and BG instruments are not accepted in standard commercial transactions. |