Disclaimer

Disclaimer

CTC Oil provides market intelligence and coordination services only. We are not a principal, broker, or financial advisor.

Oil market disclaimer and risk

Last Updated: June 21, 2024

1. Nature of Our Service

CTC Oil is an Istanbul-based coordination desk that facilitates connections between verified buyers and sellers of crude oil from the Persian Gulf. We do not:

  • Own, charter, or operate tankers or storage facilities
  • Hold title to any crude oil cargo
  • Act as a broker, agent, or representative for any party
  • Provide financial, legal, or investment advice
Crude oil tanker at sea

2. No Warranties

All information on this website — including Live Pulse data, Insights, and Podcast content — is provided for general informational purposes only. We make no representations or warranties of any kind, express or implied, about:

  • The accuracy, completeness, or timeliness of market data
  • The legality, origin, or quality of any crude oil cargo
  • The compliance status of any counterparty

Your reliance on any information is strictly at your own risk.

3. Buyer Responsibility

It is the sole responsibility of the buyer to:

  • Conduct independent due diligence on sellers and cargo
  • Verify compliance with all applicable sanctions and regulations (OFAC, EU, UN, etc.)
  • Appoint independent inspectors (e.g., SGS) for quality and quantity verification
  • Ensure all documentation meets internal and jurisdictional requirements

CTC Oil assumes no liability for transactions conducted outside our coordination scope.

Legal disclaimer and oil trading

4. External Links & Third Parties

Our site may link to third-party services (e.g., MarineTraffic, TradingView, Platts). We do not control these sites and are not responsible for their content, accuracy, or practices.

5. No Endorsement

Mention of specific grades (e.g., “Heavy Sour Crude”) or locations (e.g., “Fujairah”) does not constitute endorsement of origin, legality, or suitability for any purpose.