Petro-X™ Platform Fee Schedule

There are no subscription fees, listing fees, or upfront charges for Buyers or Sellers to participate in The Petroleum Exchange. The Petro-X™ Platform Commission below applies only if a transaction arising from a Petro-X™ Introduction is completed.

The Petro-X™ Platform Commission is set by The Petroleum Exchange for each transaction and confirmed at the time of introduction. The applicable rate reflects the nature and scale of the transaction and prevailing industry practice; it is not tied to a fixed published rate.

The Petro-X™ Platform Commission is payable by the Seller, the Buyer, or split between the parties, as agreed for each deal and recorded in the deal thread.

The Petro-X™ Platform Commission becomes due and payable simultaneously with the Buyer’s payment for the Product. Payment is made by wire transfer to the account details provided by The Petroleum Exchange.

This Fee Schedule is incorporated by reference into the Petro-X™ NCNDA/IMFPA in effect on the date of the introduction. The Petroleum Exchange reserves the right to waive or adjust the Platform Commission at its sole discretion; any adjustment does not affect the non-circumvention obligation described in the NCNDA/IMFPA.