Most of the sellers, brokers, and agents of crude oil and petroleum products in the international “secondary” oil market have no sales or revenue. Have you ever wondered why?
AN IMPORTANT “HIDDEN SECRET” OF OIL SELLERS AND BROKERS: MOST OF THEM DO NOT MAKE ANY SALES OR INCOME
Traders of crude oil and petroleum products, as well as their brokers and agents who operate in the so-called “secondary markets” of today’s international oil markets, usually do not or happily talk about it. Or as the facts know about it. In fact, many of them prefer that it stays in the dark or just be misinterpreted. However, the fact is that a characteristic part of their “reality” of doing business is this: As a group, they often do not do business or sales for the oil products they believe to be for sale, and in fact, most of them often take months, even years or maybe forever without ever receiving a single contract or sales contract. Perhaps this can be called the “common secret” of the oil sales industry!
C. Keila Nakasaka, a California attorney and real estate investor and entrepreneur who conducted extensive research and research into the D2 diesel trade to see if she could reasonably recommend that her clients take on commission brokerage assignments, said she came from her research disappointed and disappointed. According to him, “the story these brokers make up is that the seller has a direct relationship with the refinery. Some even claim that the seller is actually one of the leading energy companies in Russia … [but] what [most] to me disturbs] is that almost all of these brokers will not keep up. They often misrepresent themselves as mandates, direct agents and even as buyers and sellers. “
The most important and sensitive thing most sellers and intermediaries (agents, intermediaries, mandates, brokers, etc.) close, if any, or the income they make in trading, if any. Put simply, most of these cooperatives generally do not do business and make almost nothing. Most of them go by months, even years – or forever – without closing successful sales, let alone making a penny in commission income!
As Nakasaka explains his findings, “Another factor I found strange was that most of the brokers I spoke to never made D2 deals, despite months and sometimes years in the business. and two say they actually made that deal. However, I don’t find it credible. “
THE MAIN REASON WHY MOST OF THEIR SECONDUCTION MARKET SELLERS AND INTERMEDIATE BUSINESSES DON’T MAKE AN OFFER