EIA · As Of 27 Oct
CRUDE·Brent crude·$107.03/bbl-0.3%CRUDE·WTI crude·$99.64/bbl-0.4%EN590·ULSD No. 2 (NY Harbor)·$4.69/gal-3.0%JET_A1·Jet fuel (USGC)·$4.20/gal+4.5%D1·No. 2 heating oil (NY Harbor)·$4.47/gal+3.4%D6·Distillate proxy (USGC ULSD)·$4.77/gal-2.6%
The Petroleum Exchange™Powered by the Petro-X™ Platform.Sign in

Vetting Tiers

Business Partner Vetting (BPV) is an optional independent verification service that reviews a participant’s identity, corporate structure, banking relationships, financial capability, and assets. Participants who complete BPV receive a BPV Verification Tier, which is displayed only to counterparties who choose to consider BPV verification as part of their evaluation process. Participation in BPV is entirely voluntary.

BPV is designed for participants who wish to demonstrate independently verified corporate information while preserving confidentiality during the matching process. Counterparties may choose to use BPV Verification Tiers as an optional filter, allowing them to reduce marketplace noise by limiting introductions to participants who have elected to complete independent verification.

T1Registered

Profile complete

Your name is on file and your submission is eligible to enter the matching pool. The baseline for all participants.

T2Listed

Company website on file

Your entity is publicly identifiable and independently verifiable.

T3Foundation

BPV Foundation verification: identity and corporate documents reviewed

Identity confirmed and corporate existence verified by Business Partner Vetting, an independent third party. Confirms you are who you say you are and that your entity is legally registered and active.

businesspartnervetting.com →
T4Standard

BPV Standard verification: adds banking, financials, and UBO

Adds an active banking relationship, two years of reviewed financials, and a full beneficial ownership declaration to the Foundation baseline.

businesspartnervetting.com →
T5Institutional

BPV Institutional verification: full institutional-grade review

The highest credibility signal on the platform. Adds AML and sanctions clearance, verified real assets, and a full institutional-grade due diligence review.

businesspartnervetting.com →

Your Petro-X™ Profile Tier is an optional signal. Some counterparties limit introductions to a minimum tier, and higher tiers are prioritized when opportunities are otherwise comparable.

Invite only, for now.

Petro-X is onboarding by invitation during the alpha. If you have an invitation, sign in with the address it was sent to. To ask for one, write to hello@thepetroleumexchange.com.

Sign in