The Oil Purchase And Sale Agreement is a crucial document used in Singapore's thriving oil trading sector, serving as the primary contractual framework for oil product transactions. This agreement is particularly relevant given Singapore's position as a major oil trading hub in Asia. It incorporates specific requirements under Singapore law, including compliance with the Petroleum Act and Environmental Protection and Management Act. The document typically covers essential elements such as product specifications, pricing mechanisms, delivery terms, quality standards, and risk allocation, while ensuring adherence to both local regulations and international trading practices. It's designed to provide comprehensive protection for both buyers and sellers while facilitating smooth commercial operations in the oil trading industry.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification and details of the buyer and seller
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Product Specifications: Detailed specifications of the oil products being sold
5. Quantity and Delivery: Amount of product and delivery terms
6. Price and Payment Terms: Pricing structure and payment conditions
7. Quality and Inspection: Quality standards and inspection procedures
8. Title and Risk: Transfer of ownership and risk allocation
9. Term and Termination: Duration and termination provisions
1. Force Majeure: Provisions for unforeseen circumstances preventing performance of contractual obligations
2. Trade Controls and Sanctions: Compliance with international trade restrictions and sanctions regulations
3. Environmental Protection: Environmental compliance and protection measures for handling and transportation
4. Insurance: Insurance requirements and coverage for product transit and storage
1. Product Specification Sheet: Detailed technical specifications of the oil products
2. Pricing Formula: Detailed calculation method for price adjustments
3. Delivery Schedule: Timing and logistics of deliveries
4. Quality Testing Procedures: Detailed procedures for quality verification
5. Bank Details: Payment information for both parties
6. INCOTERMS: Specific trading terms applicable to the agreement
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Unregistered Agreement To Sell With Possession
A Singapore-compliant agreement for property sale with immediate possession rights, pending final transfer.
find out more
Software Sales Contract
A Singapore law-governed agreement for software sales and licensing, ensuring compliance with local technology and data protection regulations.
find out more
Small Business Sale Contract
A legally binding agreement for the sale and purchase of a small business in Singapore, governed by Singapore law.
find out more
Simple Home Sale Contract
A standardized contract for residential property sales in Singapore, governing the transfer of ownership between seller and buyer.
find out more
Simple Deed Of Sale Of Motor Vehicle
A legal document used in Singapore for transferring motor vehicle ownership between parties, compliant with local transport regulations.
find out more
Sales Rep Contract
A Singapore-law governed agreement defining the terms and conditions between a company and its sales representative, including commission structures and performance requirements.
find out more
Sales Commission Letter
A Singapore-compliant document establishing commission-based sales arrangements between a company and sales representative.
find out more
Sales Addendum
A Singapore-law governed document that modifies an existing sales agreement to reflect updated terms and conditions.
find out more
Sale Of Bike Agreement
A Singapore law-governed agreement documenting the sale and purchase of a motorcycle, including terms, conditions, and ownership transfer details.
find out more
Sale Deed And Construction Agreement
A Singapore-governed agreement combining property sale and construction terms, detailing transfer of ownership and building specifications.
find out more
Sale Agreement Without Possession
A Singapore-law governed agreement for the sale of goods where immediate physical possession is not transferred to the buyer.
find out more
Sale Agreement For Resale Flat
A legally binding agreement for the sale and purchase of HDB resale flats in Singapore, governed by Singapore law and HDB regulations.
find out more
Preliminary Contract Of Sale
A preliminary agreement under Singapore law establishing initial terms between buyer and seller for property transactions.
find out more
Mou Between Buyer And Seller Of Property
A preliminary agreement between property buyer and seller under Singapore law, outlining key terms of a proposed property transaction.
find out more
Motor Bike Sale Agreement
A Singapore-governed agreement for the sale and purchase of motorcycles, ensuring legal compliance with local vehicle transfer regulations.
find out more
Letter Of Intent Buying Property
A preliminary document under Singapore law expressing serious intent to purchase property and outlining basic transaction terms.
find out more
Lease Option Agreement Houses For Sale
A Singapore-compliant agreement combining property lease terms with a future purchase option at a preset price.
find out more
Land Sale Deed
A legal document transferring land ownership between parties under Singapore law.
find out more
House S&p Agreement
A legally binding agreement for residential property sale and purchase in Singapore, governed by Singapore law.
find out more
Deed Of Sale Of Shares Of Stock
A Singapore-compliant legal document for transferring share ownership between parties, including terms, warranties, and completion requirements.
find out more
Deed Of Sale Of Franchise
A Singapore-governed legal instrument that transfers franchise rights and establishes the terms of a franchise relationship between franchisor and franchisee.
find out more
Deed Of Sale And Deed Of Absolute Sale
A legal document used in Singapore for transferring property ownership from seller to buyer, governed by Singapore property law.
find out more
Contract To Sell With Spa
A Singapore-compliant legal document combining a contract to sell with a sale and purchase agreement, establishing terms for property or goods transfer.
find out more
Contract To Sell Motor Vehicle
A Singapore-compliant legal agreement for the sale and transfer of ownership of a motor vehicle between parties.
find out more
Conditional Sale Agreement Property
A Singapore-governed agreement for conditional property sale, subject to specific completion requirements.
find out more
Conditional Purchase Agreement
A Singapore law-governed agreement setting out terms for a purchase subject to specific conditions being met.
find out more
Commercial Real Estate Sales Agreement
A Singapore-law governed agreement for the sale and purchase of commercial real estate properties, ensuring legal compliance and protecting both parties' interests.
find out more
Bill Of Sale Agreement With Payments
A Singapore-compliant agreement documenting the sale of property with installment payments, including transfer of title and security arrangements.
find out more
Apartment Sale Contract
A Singapore law-governed contract for the sale and purchase of residential apartments, detailing terms of property transfer and party obligations.
find out more
Vessel Purchase And Sale Agreement
A Singapore law-governed agreement for the sale and purchase of a marine vessel, detailing transaction terms and ownership transfer requirements.
find out more
Simple Business Sale Agreement
A standardized agreement for the sale and purchase of a business under Singapore law, outlining key terms and conditions of the transaction.
find out more
Restaurant Sale Agreement
A Singapore law agreement for the sale and purchase of a restaurant business, including assets, licenses, and operational rights.
find out more
Sale Of Agreement For Land
A legally binding agreement for the sale and purchase of land in Singapore, governed by Singapore property law and regulations.
find out more
For Sale As Is Contract
A Singapore-governed contract for the sale of goods in their current condition, without warranties or guarantees.
find out more
Contract For Vehicle Sale With Payments
A Singapore-compliant contract for vehicle sale with installment payments, including ownership transfer and payment terms.
find out more
Contract To Sell House By Owner
A Singapore-compliant legal agreement for direct property sale between owner and buyer without agent involvement.
find out more
Commission Agent Agreement
A Singapore-law governed agreement establishing terms for commission-based sales representation between principal and agent.
find out more
Buy Sell Agreement For Small Business
A Singapore-law governed agreement for the sale and purchase of a small business, including terms, conditions, and transfer of ownership.
find out more
Contract Of Sale Condominium Unit
A Singapore-law governed agreement for the sale and purchase of a condominium unit, detailing terms of transfer and obligations of parties.
find out more
Patent Sale Agreement
A Singapore-law governed agreement for the sale and transfer of patent rights from one party to another, compliant with IPOS requirements.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)