OFAC · UN · EU · UK sanctions screenedZero-retention AIGDPR · CCPA program
BRENT100.21+0.71|WTI96.60+0.25|DUBAI98.21|ULSD158.42+2.01|MOGAS140.76+3.18|HH3.02-0.14|VLSFO832.00-5.50|MGO1265.50-14.50|JET A-1176.02-0.08|LPG35.41-0.29|BR-WTI3.61|BR-DB2.00|USGC TO NW EUROPE+2.10/bbl|WAF TO ASIA→PACIFIC+1.60/bbl|USD/PKR280.10|USD/AED3.67|
All terms

Payment instruments

CAD

Cash Against Documents — buyer pays directly on document presentation without an LC.

CAD (Cash Against Documents) is a payment term where the buyer pays the seller (via wire or bank draft) upon presentation of a defined document set — typically Bill of Lading, invoice, and inspection certificate.

CAD is cheaper than an LC (no bank fees) but higher counterparty risk — it's used where buyer and seller know each other or where the deal value is small. Most emerging-market corridors require LC at sight; some G10-G10 refined-product trades use CAD.

Related: LC, DLC.

See also

lcdlc

Trade with verified counterparties

OilFlow Network runs 7-step KYC on every member. No paper chains, no scam procedures — every match has a named cargo, named inspector, and named payment instrument.