Terms of Engagement

OilTradeConnector is an operating desk of MWEnergy Enterprise ("we", "the desk"). We act as a broker and intermediary between principals in physical crude oil and refined petroleum product transactions.

We do not take title to product, we do not trade a proprietary position against our principals, and we are not a party to the sale and purchase agreements we help produce. The contracting parties are the principals themselves.

No content on this site, and no communication from the desk, constitutes an offer to sell or a solicitation of an offer to buy any commodity, security or financial instrument. Indicative terms are indicative until reduced to an executed agreement between principals.

The desk acts only within a written mandate that you grant. The mandate defines its scope and its limits.

• Products, grades, regions and counterparty classes within scope.
• Commercial limits, including any price floor or ceiling, which the desk is not permitted to breach.
• The level of autonomy granted, from proposal-only through to full autonomous execution.
• The value threshold above which a transaction requires your express authorisation.
• Any excluded jurisdictions, entities or counterparty types.

Where you grant it, the desk originates, engages, negotiates, screens, documents and progresses transactions on its own initiative within your mandate. This is the service.

Certain categories are excluded from autonomous action regardless of the autonomy level granted. These include authorising a demand for funds, extending credit, responding to legal escalation, and proceeding where sanctions or jurisdictional risk indicators are present. These always require a human decision.

You may suspend all autonomous execution at any time with immediate effect.

We screen counterparties for identity, beneficial ownership, jurisdictional exposure and sanctions risk indicators as a condition of advancing a transaction. A counterparty that does not clear does not reach the contract stage.

Our screening is a triage and escalation function. It is not a determination of legal status against any sanctions list of record, and it does not replace your own compliance obligations or those of your bank. Where verification against an authoritative source is required, we identify what must be checked.

We produce transaction documentation drafted to the conventions of international physical energy trade. Documents are produced for review by you and your counsel.

We do not provide legal advice. Where a commercial term has not been agreed or a fact has not been established, the draft marks it conspicuously as outstanding rather than supplying a value. We do not fabricate proof of product, inspection results, vessel particulars, certificate numbers or bank confirmations under any circumstances.

Settlement is available by card, ACH bank transfer and SOL transfer to the MWEnergy Enterprise treasury wallet. A payment is treated as received only upon confirmation from the relevant payment rail — a verified card or bank settlement, or an on-chain confirmation. No assertion by any party substitutes for that confirmation.

Our commission is earned on confirmed, irrevocable funds against closed volume, at the rate agreed in your mandate. If funds are subsequently reversed, the commission follows them. We do not take an undisclosed spread between principals.

You are responsible for the accuracy of what you tell us about your product, your requirement, your entity and your authority to transact. The desk relies on it, and so will your counterparties.

• Do not misrepresent product you do not hold or control.
• Do not misrepresent specification, origin or availability.
• Maintain your own regulatory, tax and sanctions compliance.
• Keep your account credentials secure and tell us promptly if they are compromised.

To the maximum extent permitted by law, our aggregate liability arising from the engagement is limited to the commission actually received by us on the transaction giving rise to the claim.

We are not liable for the performance or default of any counterparty, for market movement, for the condition or quantity of physical product, or for losses arising from information you supplied that was inaccurate.

You may withdraw a mandate at any time. We will report what is in flight and hand over documentation already produced; nothing is withheld as leverage.

We may suspend or terminate access where we identify sanctions or jurisdictional prohibition, suspected misrepresentation, attempted manipulation of the desk, or unlawful use of the platform.

These terms and any engagement under them are governed by the law stated in your mandate. Where no mandate is in force, English law applies and the courts of England and Wales have exclusive jurisdiction.

For questions about these terms, contact the desk through the contact page.