Crude Oil Deals in Nigeria Without Scam or Fraid. How, if You’re a Genuine Crude Oil Seller, to Find a Buyer in Today’s Crude Selling Climate

Dear Crude Dealer:

Are You, Perhaps, a (Frustrated) Blco, Flco, Crude Oil Seller or Buyer?

As a rule, there’s ONLY one thing that most buyers of crude oil seek and want most of all: to find an authentic crude oil seller and deal, and one that’s without scam or fraud involved. However, most unfortunately, in today’s international crude oil selling industry, there are far, far too many FAKE crude oil sellers than genuine ones!

In fact, in light of the above FACT, in the context of the Nigerian, as well as the Russian, the Saudi Arabian and other similar international crude selling market today, even the relatively tiny number of crude sellers who are actually GENUINE and AUTHENTIC, often lament that they find it very difficult to find crude buyers who would want to do business with them, as those buyers, they say, would often generally view them equally with great suspicion, and with much scrutiny and lack of trust. Consequently, many crude sellers, gripped with fear and frustration about their prospects of making timely sale of their product, often wonder out loud whether they will ever, ever find buyers for their crude or ever make a timely sale.

Alright, if You’re a Genuine Crude Oil Seller Serious About Finding Able and Ready Crude Oil Buyers, and You Want to Ever, Ever, Ever Make a Sale, Here’s the Harsh Truth of What You Must Do, and Why!

FIRST, KNOW TODAY’S PLAIN OIL INDUSTRY TRUTH: There are two basic kinds of “sellers” in the world of international crude oil selling business today – the FAKE sellers, and the GENUINE sellers! The FAKE sellers are the ones that are by far more numerous and prevalent.

So, as a Seller, THE CENTRAL QUESTION IS: which one of these two Seller types are YOU, yourself?

As an accredited Mandate of several major crude buyers located both in the United States and Europe, I literally can’t count the number of times per week that we receive at our office emails or even phone calls from someone who claims he/she’s a crude oil “broker” or seller’s “agent,” “facilitator” or what have you, claiming to have 2 million, sometimes up to 4 million, barrels of BLCO or FLCO available to sell, per month. Often, this crude is claimed to be already “loaded” in a vessel in international waters ready for immediate transshipment on a TTO arrangement at a discount of $6/3, $8/5, $10/7, $10/4, etc., etc., etc., and the e-mailer or caller asks that we hurry up and “just sign the SPA,” “just sign the Contract.”

These sales messages will always contain plenty of “attractive” phrases like these to describe the supposed Seller or the deal: an “absolutely genuine and authentic seller,” “definitely genuine and reliable,” “trustworthy,” “respectable,” “transparent transaction,” “honest,” and the like. And, more importantly, the message will often be buttressed with a little sweetener like this: “the beauty of this special offer is that the buyer is not required to make any payment or provide any financial instrument until after buyer has conducted a Q & Q and confirms that the vessel is actually loaded” – implying that the buyer is at no financial risk at all if he were to just “sign contract” and enter into this deal. (By the way, the claim that the fact that a buyer has a Q & Q before making any payment on a deal, makes the buyer safe and risk-free, is plain bogus and untrue. But that’s a matter for another discussion).

The image such as the above-described being painted by these supposed crude sellers, is plain boloney, however! Pure hogwash!

Why? Because, as one recent report put it, “unfortunately, the clear reality today is that the business of international crude sales has become heavily infested with crooks and scammers most of whom really have absolutely nothing to sell other than peddling some bogus, worthless documents forged or copied from the Internet, and spitting some fictitious fabulous claims.”

The report adds that “Experts say that these scammers use many Sellers’ Mandates located all of over the world to bring them business. Mandates operating from or for a few particularly notorious countries (such as Russia and Nigeria, for example), are generally considered to be participants in the scam themselves, but foreign mandates are deemed to be for the most part usually innocent victims who often might think that they are representing a legitimate seller from such countries. These international crude oil crooks and fraudsters parade themselves mostly in the Internet as ‘dealers’ in crude oil, but are really merely scammy dreamers just out to dupe others hopefully (for them!) big in the millions and millions of dollars.”

Put simply, the reason that such rosy portrait as the one painted above by these supposed crude sellers, is pure hogwash, is because, while just about every single person who comes to us as a supposed crude oil seller every day (we get at least some 2-3 dozens of them each day) ALWAYS claims that the seller is “trustworthy, reliable, genuine, authentic, honest,” and words to that effect, virtually every OBJECTIVE, CREDIBLE EVIDENCE available, on the other hand, says that something completely the opposite of that is the actual REALITY!

Cases in Point:

== A report by the UK-based ACC Intelligence & Research group, states at p.3 therein that “99.999999% of what you get [from Nigerian peddlers of crude oil selling] is worthless fraud.”

== A report titled “NIGERIAN TRANSACTION SCAMS” published by, states that “A fraudulent offer of a contract to purchase Nigerian crude oil typically details the availability of a ‘special allocation’ by the Nigerian National Petroleum Corporation (NNPC) of crude at below market prices… [But] In reality, ‘special allocations’ do not exist.”

== The American FBI’s latest report in February 2011 on Internet Crime Trends, reports that “The highest numbers of perpetrators outside this country [the U.S.] were from the United Kingdom, Nigeria, and Canada.”

== The events reported in March 19, 2011 on the Ghanaweb website, “Nigerian Crooks Out to Dupe TOR US$48 million,” makes a similar point.

== And so, also, is this report, “Common Internet Frauds in Import Export Business. Part IV – Scams from Africa,” reported on the infobanc website, in the section titled “Nigeria Oil Fraud (Bonny Oil).”

THE BOTTOM LINE: So we KNOW for a FACT, that though every single one of the 24 to 36 persons who presents himself/herself to a certain Crude Buyer’s Mandate daily as a supposed crude oil “seller,” would claim that he (or she) is an “honest, genuine, authentic and reliable” dealer, with absolutely no streak of fraud or 419 whatsoever in him, the stark REALITY is actually far, far different. And that, quite to the contrary, NEARLY ALL of such offers and sellers are precisely fraudulent and unreliable 419ers. Or, at the very least, NOT legitimate or genuine.

So, You’ve Got to Provide Us Concrete Proof & Evidence, Not Mere Claims or Words

THE POINT: Clearly, then, SOMEBODY is obviously lying here (and lying big time, too!) when virtually EVERY single crude seller, or a representative of one, claims that the offer he presents is honest and legitimate! Consequently, for the parties operating in the crude industry as Sellers, or their brokers, agents or mandates, here’s the BOTTOM LINE: as a supposed “seller,” you may claim all you want that you (i.e., the supposed Seller) are the HONEST, AUTHENTIC or LEGITIMATE one of the lot, and that it’s the “others” that are the “bad” crude oil sellers who perpetrate the fraud and 419 on international crude buyers.

OK! That’s fine. Go ahead and make all the claims in the world that you please!

But here, however, is precisely the point: in light of the above-stated stark REALITY, all manner or volume of claims by you (or any one else) notwithstanding, the onus still falls heavily but squarely on YOU (the supposed seller), to actually prove that claim to the crude buyer. The onus still falls heavily but squarely on YOU (the seller) to do one thing and ONLY one thing: namely, to physically “show” the crude buyer some clear and genuine evidence of openness and transparency on your part, some credible, independently verifiable and concrete PROOF and EVIDENCE that authenticate your claims about who you say you are, and about your AUTHENTICITY and GENUINENESS as a true crude seller. And NOT just to give, or continue to give, the buyer the same old, all-too-familiar “usuals” – mere lofty claims and words, mere long “grammar,” about how incredibly “honest” or “authentic” a seller you supposedly are.


Back to the original question of this essay: so, as a LEGITIMATE crude seller with truly some oil available to sell, or an agent or broker of one, you really want to be able to readily sell your crude, and to be able to readily find credible buyers who are eager and able to buy from you?

Well, there’s really basically just ONE very simple but critical thing that you need to do, and MUST do, and you’d easily attain that objective in no time. Just provide (get your Seller to provide) the buyer with some good, tangible, readily VERIFIABLE PROOFS and EVIDENCE (and NOT just offer mere claims, words and professions about it) about your bona fides as a legitimate crude seller. And with that done, you’ll sooner find that you’d get yourself sure buys from a steady stream of able and eager crude buyers – almost GUARANTEED!

So, there you have it – that’s our little “secret key” for how you (the crude seller or his agent) get sales in this industry! That’s the simple but never-failing “little secret” for being a successful crude seller or agent in the current international crude oil and oil product market!!


Wish to Follow Up on Getting a Crude Oil or Petroleum Products Seller or Broker With Workable, Realistic Procedures That a Credible Buyer Can Readily Accept? Please see the instructional information in the author’s resource box below