Trading
Your counterparty is Capitalis, not an introducing broker. Each opportunity is reviewed against a named terminal, a defined price basis and bank-to-bank payment before binding terms.
01 / Product scope
Gasoil/diesel is assessed as EN 590:2013+A1:2017, 10 ppm sulphur. Jet fuel is identified explicitly as Jet A-1 to ASTM D1655 / DEF STAN 91-091. Fuel oil is assessed as D6 fuel oil, No. 6 to ASTM D396, and as RMG 380 to ISO 8217 in ARA.
Include the standard and edition, and confirm that the full property table or batch certificate is available, so Capitalis can assess fit without an avoidable second round. Supporting documents do not move through the public form.
| Product | Standard | Price basis in ARA | Price basis in the US Gulf |
|---|---|---|---|
| Gasoil / diesel | EN 590:2013+A1:2017, 10 ppm sulphur, full property table for the stated edition | Platts CIF NWE diesel cargo, dollars per tonne | Assessment named in the commercial response |
| Jet A-1 | ASTM D1655 / DEF STAN 91-091, certificate of quality per batch | Assessment named in the commercial response | Argus USGC jet pipeline, cents per gallon |
| D6 fuel oil | No. 6 to ASTM D396; RMG 380 to ISO 8217 in ARA, certificate of quality per batch | A named barge assessment for the grade offered, stated in full in the contract | A named high-sulphur assessment, stated in full with the conversion |
All three products are traded in both hubs. Storage in Rotterdam and Houston; availability per product is confirmed in the commercial response. Other locations on enquiry.
Where the parcel warrants it, quantity and quality are determined at loading by an independent inspector, and the certificates the inspector issues are the documents presented for payment. The inspector, the governing figures and the cost split are agreed in the sale and purchase agreement. A seller’s own analysis, or a certificate for a batch that has since moved, is not accepted in place of it.
02 / Commercial basis
Name the terminal, the Incoterms 2020 delivery basis, the quantity and the price basis, and you can check each proposed term against a published assessment. The price basis names the assessment, publication, pricing window and quotation days.
For an initial review, state the product grade, standard and edition, the quantity as a trial parcel or a monthly programme, the named terminal, the title holder, the location and the price basis to the general desk.
Price basis: what Capitalis contracts againstBefore you send an enquiry
03 / Payment
The proposed payment terms are reviewed during the initial commercial screen. Bank references are exchanged at onboarding, before binding terms.
Capitalis pays by telegraphic transfer, MT103, against the documents named in the SPA. Where the seller requires an instrument, Capitalis’s bank issues a standby letter of credit.
The buyer pays by MT103 against documents, or issues a standby letter of credit from its bank to Capitalis’s bank. Proof of funds follows the same bank-to-bank route.
Parcel size and programme are agreed per transaction; state a trial parcel, a monthly programme, or both, and they are assessed together.
04 / Market context
Reviewed 3 September 2026
Down around 167,000 bbl on the July average. Independent gasoil inventories in Amsterdam, Rotterdam and Antwerp include diesel and heating oil.
Insights Global data, as reported by ENGINE · 28 Aug 2026 [B]Up around 591,000 bbl (15 per cent) on the July average.
Insights Global data, as reported by ENGINE · 28 Aug 2026 [B]14,304 thousand barrels of kerosene-type jet fuel in the weekly series, down from 14,819 a week earlier.
EIA, Weekly Petroleum Status Report, series WKJSTP31 · Week ending 28 Aug 2026 [B]13,188 thousand barrels of residual fuel oil in the weekly series, up from 12,000 a week earlier.
EIA, Weekly Petroleum Status Report, series WRESTP31 · Week ending 28 Aug 2026 [B]Figures are quoted from the named sources as published on the dates shown. They are market context, not a forecast, a position or a price. [B] primary source with date, [MR] market research, [S] estimate.
Start with the facts