Crude oil surface at a terminal
Desk / Crude oil

Crude oil.

Cargo-size parcels of crude, bought from producers and delivered to refiners. Financed and documented by DMJ.

01

What we trade

Light sweet and medium sour crude grades, bought from producers and sold to refiners in parcels sized to the buyer's programme.

02

How we deliver

FOB at the load port or CIF and DAP at the refinery's terminal. Parcels from part cargoes to full Aframax and Suezmax lots.

03

Financing

Prepayment to the producer, letters of credit through partner banks, or DMJ's own balance sheet between loading and payment.

Standards we contract to.

Grades
Light sweet and medium sour crude. Light sweet: higher API gravity, sulphur below 0.5%. Medium sour: sulphur above 0.5%.
Quality
Assay per cargo. Quantity and quality certified by an independent inspector at load and discharge.
Parcels
Part cargoes to full Aframax and Suezmax lots.
Terms
FOB, CIF or DAP, Incoterms 2020.
Pricing
Against the crude benchmarks named in the contract, over the quotational period agreed.

Standards as per their current editions. The contract specification governs.

Offshore drilling rig moored at port at dusk

Levels as of Friday 28 August 2026, 17:30 CESTPublished weekly, after the Friday close.

Brent Dated

Basis
Platts
Unit
$/bbl
Reference
72.85
Week on week
+0.94
5-day range
71.60 – 73.42

WTI

Basis
NYMEX front month
Unit
$/bbl
Reference
69.40
Week on week
+0.71
5-day range
68.15 – 69.88

Indicative reference levels only, published weekly for orientation. They are not a quotation, not an offer, not a market data service and not investment advice. The contract specification governs.

Illustrative map of DMJ trade lanes between ports.
Illustrative trade lanes

Talk to the crude oil desk.

crude@dmjinvestment.ch

Contact