Did I mention they have become quite artistic of late as well? Adding in sexy images of oil refineries and all to make themselves look as knowledgeable as possible!
Second redflag - JP54. This is a typical nomenclature deemed as a genuine jet fuel used by scammers and facilitators. If you do some homework, you will find that no one NO ONE in the real world labels any jet fuel type as 'JP54'. This is a dead giveaway that you are dealing with a pure swindler. Be mindful though, many of these tricksters have become smarter these days and immediately try to associate 'JP54' with 'TS-1', which is a genuine jet fuel type commonly used in CIS states.
If unsure, do an experiment for yourself and write to any real refiner or trading house requesting for 'JP54'. You will not get an answer and you will probably lose your reputation as well as the chance of doing any business with them ever again.
Third redflag - FOB Rotterdam. As I was saying, these jokers only ever know of Rotterdam and Houston. They seem to think that the whole world stores oil only in these two ports. So they must have product sitting in THEIR tanks there, waiting for you to pick it up since its FOB. If so, you should gladly make some verification with the port authorities and you will know if you're wasting your time.
Fourth redflag - Procedures. What procedures? Real and experienced traders never talk about 'procedures'.
Fifth redflag - Its always along the lines of "D2, JP54, MAZUT, BLCO, REBCO, LNG, EURO V, EN590" that these swindlers offer. Not identical, but roughly similar. For some reason, these amazing oil traders have access to a myriad of petroleum products like some online supermarket that only a fool will believe.
I kinda wish there was an authoritative organisation worldwide that would govern and flush these buggers out. It tarnishes the beauty and genuineness of physical oil trading. Sadly, you're up against the internet.
