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Dweltt Oil & Gas

What is Crude Oil and what are the available types:

Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. A type of fossil fuel, crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, which means that it can’t be replaced naturally.
Crude oil is typically obtained through drilling, where it is usually found alongside other resources, such as natural gas (which is lighter, and therefore sits above the crude oil) and saline water (which is denser, and sinks below). It is then refined and processed into a variety of forms, such as gasoline, kerosene and asphalt, and sold to consumers.
The petroleum industry often names crude based on the oil’s geographical source — for example “West Texas Intermediate.” Crude oil is also classified based on physical characteristics and chemical composition, using terms such as “sweet” or “sour,” “light” or “heavy.” Crude oil varies in price, usefulness, and environmental impact.

DWeltt group Oil and Gas Trading is the premier supplier of trusted expertise to the oil and gas industry. We have accomplished this through our relentless focus on our Seller’s objective, and by working diligently to achieve the goals of Qualified Buyers. We fully understand the capabilities of our Sellers and Trade Partners, and can quickly and efficiently match those capabilities against the needs of any Buyer. We employ only the best in the market, and each member of our team is committed to providing an unbiased perspective to help our customers monitor market movements, value commodities, recognize opportunities, mitigate risk, and plan with greater confidence. The markets are constantly changing, but our real-time news, market reports, analytics, price assessments and fundamental data always provide a valuable reference point. We’re constantly investing in our products and services. We’ve enhanced our forecasts, data sets and tools, and now provide the most robust analytics offering available to ensure our customers can maximize value in their chosen markets. We work closely with Qualified Buyers as well as Seller and their signatory Mandates worldwide who meet the financial criteria required to transact petroleum products. We also provide a platform for our customers to exchange ideas and make valuable connections.
During its activities Dweltt group was able to have a stable and effective communication with more public and private companies. In addition, due to requirement from more commercial companies; this group has extended its scope and imported different types of goods, oil, gas and petrochemical industries requirements, from the largest producers and manufacturers which are accredited and hold the best quality brands with updated European and American standards.
Dweltt group professional staff is educated and experienced working exclusively in the field of commercial, technical and engineering and supervising as well as oil, gas and petrochemical field using specialist, active and experienced forces. It is more than 20 years working on those aforesaid issues.
We are ready to supply all requirements based on availability and Performa. We also can in accordance with industry need, supply the requirement in the shortest time and the best price.

 

DOCUMENTS PROVIDED BY THE BUYER


At the very beginning of the cooperation we require following documents from the Buyer, who should be able to present them:
Company profile of the Buyer :The name of Signatory entitled to act in the name of the company (with number and copy of his passport) Company Registration Certificate, Directors’ Names, Directors’ residential address and contact details, Details of Other shareholders of the company, Company’s Import License, contact details (fax, website, e-mail, phone, mobile, etc.
The name of the bank intended to be used for the transaction, Bank SWIFT code, Account Number/IBAN, Bank Officer’s Name and contact details Required specifications of the petroleum products, volumes, port of discharge Verification of whether company has already transacted such trading business, and if not then whether the company has achieved a level of qualification required to transact such business.
Written statement that Buyer accepts and agrees to Seller’s Procedures. If Buyer hasn’t closed any similar transactions earlier, it is necessary to state it in initial letter and provide us with a brief proposal of how they are planning to proceed. The Seller / Title Holder expects full transparency from potential Buyers. Transparency and credibility can be proven to some extent by the documents provided by the Buyer at the very beginning.

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