Most crude oil and petroleum product sellers, brokers and agents in the international "secondary" oil market do not make any sales or income. Have you thought about why?
The main "hidden secret" of oil sellers and brokers: never make any sales or income
Crude oil and petroleum product sellers and their brokers and agents operating in the so-called "secondary market" of today's international oil market usually do not talk about this or like to do so. Or like the facts about this. In action, many of them would rather remain vague or just distorted. But the truth is that a unique part of their business "reality" is: as a group, they often close any trades and don't sell the petroleum products they claim to sell. In fact, most of them often continue Months, even years, or maybe forever, not even landing or even a single sales contract or transaction. This may just be an "open secret" called the oil sales industry!
C. Keila Nakasaka, California attorney and real estate investor and entrepreneur, conducted extensive market research and investigations on the D2 diesel trade to see if he could cautiously recommend the commission broker's job to his clients, he said Leaving his research was extremely disappointing and disappointing. According to him, "The stories created by these brokers are that the seller has some direct relationship with the refinery. Some even claim that the seller is actually one of Russia's leading energy companies... [but] what is bothering? I [at most] almost every broker has failed. They often distort their tasks, directly represent, and even buyers and sellers."
For most of these sellers and intermediaries [agents, coordinators, principals, brokers, etc.] the most "most likely" and "distorted" major and most sensitive things may be related to the sales transactions they have had. The quantity is related to the quantity. Closed, if any, or the income they earned in the transaction, if any. In short, almost all of these operators usually don't make any trades and have almost no revenue. Most of them will last for months, even years - or forever - without successfully completing any sales transactions, let alone earning commission income or even a dime!
As Nakasaka said, he described his findings: "Another factor that I think weird is that most of the brokers I talked to have never completed the D2 agreement, even though they have worked in the industry for a few months or even For a few years, one agent claimed that he was waiting for a transaction, and two others said that they did close the transactions. However, I found that they were not credible.
The main reason is why most "secondary market" vendors and their middlemen will not close any transactions.
Why is this happening - they have no sales or income? Many factors can explain it. They can be roughly summarized as follows:
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Most sellers [and their intermediaries] are fake, there is no way, no crude oil or petroleum products are available for sale.
The fact that trusted experts in this industry have now been established and not subject to any controversy is that in the so-called "secondary" oil, the vast majority of crude oil and petroleum products "sellers" pedd the quotation market, their brokers, Agents and other intermediaries are false and forged. In fact, some objective research and research has extended its scope to 99.999999% of all sales for sale. For those who act as foreign brokers and intermediaries in the business, the only fact that may be the only redeemable value that can be accounted for is that some of them may often participate in the business fraudulently, but they are innocent, not knowing Consciously, it is erroneous to believe that the transaction or sales operation is true and legal, and this is not the case.
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Lack of appropriate training, skills or knowledge based on business
In short, there may be nowhere to say that "we live in a vast interconnected world" today is more applicable than in the world of international trade in crude oil and petroleum products. In most cases, almost everyone needs access to a computer and Internet connection in order to become a "seller" of crude oil or petroleum products, or an agent who is legally operating anywhere in the world. this is all! Unfortunately, one of the terrible negative effects of this so-called "Internet revolution" [and many others] is that now claiming to be a "seller" or a seller "broker" or "agent" is largely It is uneducated or semi-literate, untrained and unskilled, and lacks understanding of the basic principles of international oil trade.
Kamal J. Southall is one of the most important experts in the field, and his book "Transaction Fraud, Financial Fraud and Clown Broker" is one of the most authoritative texts on this phenomenon, which is what it says:
"Have you noticed that when you search Google and the library, it looks high and low, when you find some information here and there, you will encounter some interesting phenomena: very few about being an independent international trade. The practical information traders of art and science exist in any comprehensive way. Certain practices, documents and procedures; mysterious acronyms such as "NCND" or "MPA" are thrown back and forth, severely damaged model documents and Forms may filter your way, but the reality is that most home-based traders, brokers - or rather, middlemen - learn through very expensive "tests and errors", ..... Every time I reinvent the wheel often, in this elusive search transaction and knowledge how to close the deal."
According to another expert's calculation, Southall estimates that among the 1 million people who are currently trying to use it as a world broker or trade intermediary, "perhaps no more than 1% have the training and skills needed to complete the transaction..... [meaning] most people blindly trade, [and therefore] transactions are collapsing... more often, [oil traders] are being deceived - sometimes large-scale..."
Mr. R. Ambardar, a broker with more than 10 years of experience in international market development and consulting services, said that "lack of experience and knowledge" is one of the main reasons why many brokers and coordinators have failed in crude oil work. "Because [the stories they hear] people can get money through successful transactions, many people are attracted to the industry. Many agents have failed [but] to understand that the requirements for success in this industry are very demanding. [that] Only those who have years of practical experience and a deep understanding of the industry can work hard to be good middlemen."
Ambardar added that many brokers have forgotten that "to become a petroleum business", the host ', ... what you really need is the right knowledge and expertise [because this will help ] Your real buyer and seller are connected. One person should have long-term knowledge in this industry related to this business dynamic."
Therefore, in general, a basic way of lacking the ability or knowledge of the basic elements of oil trade is that brokers, agents and intermediaries who cannot be operated by ordinary people can do good things. The sales transaction can be successfully completed and successfully completed even after several months or years of business.
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BYE and large, most brokers and agents learn their craft from the internet, this is some serious betrayal
For the brokers or brokers of ordinary contemporary sellers, another serious shortcoming and negative consequences stem directly from the fact that they are the main source of education and training in the operation of the oil trading business. Similarly, Kamal J. Southall summarizes these negative consequences in this way:
"There is usually a lack of expertise to identify problematic trade executives or tendering requirements through the Internet, and there is no strict filtering of potential customers that you end up reading. Anything that can be placed there is placed there from the real To suspicious, to fraud. Moreover, the essence of the "broker network" is that information is often passed, there is almost no critical filtering, and the general trend of lack of correct trading program knowledge and information becomes corrupted because of its transactions [and this Can lead to dangerous results."
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The long-standing existence of brokers, agents and MIDDLEMEN, most of which are relevant.
In part due to the lack of any objective requirements for eligibility as agents or intermediaries in the transaction and the convenience of entering them, these operators tend to operate in environments with little or no rules or standards, and are loose or unethical, The mentality of "dogs eating dogs" seems to prevail - every broker, agent or licensor is only selfishly concerned about his personal interests and the atmosphere of his own interests, and has been trying to weaken the other side of the transaction. As a result, all parties involved in the quotation are often ultimately harmed, because all parties involved in the quotation, not just one party or the other, always end the loser because there is no deal with any buyer at all.
"[a] Because it is difficult to determine the truth [about the petroleum product market]," California lawyer and entrepreneur C. Keila Nakasaka surveyed the industry in 2010 may recommend the industry to his clients, "in any particular transaction There are multiple brokers involved in the company; they are afraid...
Orignal From: Most oil sellers and brokers have failed - the crude oil sales program sold in today's Internet era
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