How a Petroleum Marketplace Works: From RFQ to Delivery
A petroleum marketplace replaces the chaos of email chains, broker telephone trees, and "circular offers" with a structured workflow. Here is how a real marketplace transaction flows.
1. Buyer posts a structured RFQ
The buyer enters product, volume, frequency, delivery port, Incoterm, and target price formula. The system blocks vague entries.
2. Suppliers receive a vetted lead
Only KYC-cleared suppliers see the RFQ. Each supplier responds with a soft offer.
3. The buyer compares like-with-like
Because every offer follows the same structure, buyers compare apples to apples — not five different formats.
4. The platform escrows documentation
LOI, ICPO, POF, FCO, SPA, and payment instruments are exchanged through a traceable workflow.
5. Inspection and delivery
SGS or equivalent inspects at load port. Title transfers per Incoterm.
A marketplace is not a chat group — it is a workflow. List your deals on petromarketplace.com (yearly subscription) or sign up at petrointermediation.com.
Ready to run a verified petroleum deal?
Sign up at PetroIntermediation to post your RFQ and reach KYC-verified suppliers. Yearly subscribers can list unlimited deals on PetroMarketplace — the convenient way to put your tender in front of pre-qualified counterparties.
