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L10. Oil Transaction Execution, Physical Verification, Performance Guarantees, Banking Controls, Loading and Discharge + Up to 2 Hours of Live Online Learning

L10. Oil Transaction Execution, Physical Verification, Performance Guarantees, Banking Controls, Loading and Discharge + Up to 2 Hours of Live Online Learning

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Lecture 10: Oil Transaction Execution, Physical Verification, Performance Guarantees, Banking Controls, Loading and Discharge

By the end of this lecture, you should be able to:

  • Explain the operational stages of executing a physical oil transaction.
  • Understand verification methods relating to product, storage, supply capacity, loading and discharge.
  • Explain the roles of independent inspection, shipping documents and banking controls.
  • Identify risks associated with performance guarantees, payment and product delivery.
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