The SOI "FIX" (Fuel International eXchange)

SOI fulfills a unique niche opportunity in the crude oil and refined fuel trading business. That niche provides a “FIX” for verifying crude oil and refined fuel contracts. The SOI—“FIX” will resolve procedural differences between a Buyer and a Seller.

SOI-FIX will provide:

• Proof of Funds (POF) for the Seller, on behalf of the Buyer

• Proof of Product (POP) for the Buyer, on behalf of the Seller

• Contractual logistics costs required in the Procedures Section of a SPA/Contract (Sales and Purchase Agreement/Contract). SOI-FIX will address logistical inflexibilities when the Buyer and Seller each want the other to pay their costs first.

 

Twelve years of experience as an intermediary with various Buyers and Sellers helped SOI become familiar with both the Buyers and Sellers in the industry. Understanding and knowledge of both the Buyer and the Seller enable SOI to provide an ideal “FIX” for both parties. Our SOI-FIX will enable more contracts to close quickly and harmoniously.

For more Information about the SOI FIX, Contact SOI. 

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