Oil Purchase And Sale Agreement Template for United States

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Oil Purchase And Sale Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Oil Purchase And Sale Agreement

"I need an Oil Purchase And Sale Agreement for a long-term arrangement to purchase 50,000 barrels of crude oil per month from a Texas-based supplier, starting March 2025, with specific quality requirements for our refinery operations."

Document background
The Oil Purchase and Sale Agreement is essential for companies engaged in oil trading and distribution within the United States. This contract type is commonly used when establishing ongoing supply relationships or single transactions for oil products. It includes crucial elements such as product specifications, delivery terms, pricing mechanisms, and quality standards while ensuring compliance with federal and state regulations. The agreement provides legal protection for both parties and clearly defines their rights and obligations in the transaction.
Suggested Sections

1. Parties: Identification and details of the buyer and seller

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Product Specifications: Detailed specifications of the oil to be sold/purchased

5. Quantity and Delivery: Terms regarding volume and delivery arrangements

6. Price and Payment: Pricing structure and payment terms

7. Title and Risk: Transfer of ownership and risk allocation

8. Quality and Measurement: Quality standards and measurement procedures

9. Term and Termination: Duration and termination provisions

Optional Sections

1. Force Majeure: Provisions for unforeseen circumstances affecting performance of the agreement

2. Transportation: Specific transportation arrangements and responsibilities

3. Environmental Compliance: Specific environmental obligations and compliance requirements

4. Export/Import Provisions: International trade requirements and compliance obligations

Suggested Schedules

1. Product Specification Sheet: Detailed technical specifications of the oil product

2. Pricing Schedule: Detailed pricing mechanisms and formulas

3. Delivery Schedule: Detailed delivery timeframes and locations

4. Quality Testing Procedures: Specific procedures for quality testing and verification

5. Form of Notice: Template for various notices required under the agreement

6. Insurance Requirements: Detailed insurance obligations of both parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Industries

Uniform Commercial Code (UCC): Primary federal law governing commercial transactions, particularly Article 2 on Sales which regulates the sale of goods

Energy Policy Act: Federal legislation that addresses energy production, including oil regulations and energy market provisions

Interstate Commerce Act: Federal law regulating interstate transportation and commerce, including oil transportation across state lines

EPA Regulations: Environmental Protection Agency regulations governing environmental impact, emissions, and safety standards for oil operations

Clean Air Act: Federal law regulating air emissions and environmental standards that affect oil operations and transportation

Oil Pollution Act of 1990: Federal legislation addressing oil spill prevention, liability, and compensation requirements

Foreign Corrupt Practices Act: Federal law prohibiting bribery of foreign officials in international business transactions

State UCC Variations: State-specific modifications to the Uniform Commercial Code that may affect oil sales transactions

State Environmental Regulations: State-specific environmental requirements and compliance standards for oil operations

DOE Requirements: Department of Energy regulations governing energy sector operations and reporting

FERC Regulations: Federal Energy Regulatory Commission rules governing energy markets and interstate commerce

PHMSA Regulations: Pipeline and Hazardous Materials Safety Administration requirements for oil transportation safety

Commodity Exchange Act: Federal regulations governing commodity futures trading and derivatives markets

CFTC Regulations: Commodity Futures Trading Commission rules governing oil trading and market operations

API Standards: American Petroleum Institute technical and safety standards for oil industry operations

DOT Requirements: Department of Transportation regulations governing oil transportation and safety

Federal Excise Taxes: Tax requirements and obligations specific to oil sales and transactions

Export/Import Regulations: Federal rules governing international oil trade and cross-border transactions

Antitrust Laws: Federal and state competition laws preventing monopolistic practices in oil markets

Force Majeure Provisions: Legal provisions addressing unforeseeable circumstances that prevent contract fulfillment

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Unregistered Agreement Of Sale With Possession

A U.S. legal document facilitating property sale with immediate possession transfer before sale completion.

find out more

Sales And Purchase Agreement Word Document

A U.S.-governed agreement detailing terms and conditions for the sale and purchase of goods or assets between parties.

find out more

Contracts Of Sales And Investments

A U.S.-governed legal agreement combining sales and investment terms, compliant with federal and state securities laws and the UCC.

find out more

Contract Of Sale Document

A U.S.-governed legal agreement documenting the terms and conditions for the sale of goods between a seller and buyer.

find out more

Agreement For Sale And Agreement To Sell

A U.S.-governed contract combining immediate sale terms and future sale commitments, detailing transfer of goods or property between parties.

find out more

Horse Sale Contract With Buy Back

A U.S. contract governing horse sale with provisions for the seller to repurchase under specified conditions.

find out more

Bill Of Sale For Business Assets

A U.S. legal document that transfers ownership of business assets from seller to buyer, detailing the terms and conditions of the sale.

find out more

Registered Agreement For Sale Of Property

A legally binding agreement for real property sale and transfer in the United States, meeting federal and state registration requirements.

find out more

Agreement For Sale And Agreement Of Sale

A U.S. legal document combining an agreement to sell and sale agreement, governing the terms of a sale transaction under U.S. federal and state laws.

find out more

Sales Draw Agreement

A U.S. legal agreement establishing terms for guaranteed payments (draws) against future sales commissions.

find out more

Land Contracts For Sale

A U.S. legal agreement where property is sold through seller financing with installment payments, governed by federal and state real estate laws.

find out more

Horse Sale Contract With Deposit

A U.S. legal agreement for horse sales with deposit arrangements, complying with state equine laws and the UCC.

find out more

Buy Sell Agreement Corporation

A U.S.-governed legal agreement establishing terms and conditions for corporate share transfers and sales between shareholders and the corporation.

find out more

Art Purchase And Sale Agreement

A U.S.-governed contract documenting the terms and conditions for the sale and purchase of artwork, ensuring legal compliance and protection for all parties.

find out more

Agreement For Sale Of Hypothecated Vehicle

A U.S.-compliant agreement governing the sale of a vehicle with an existing lien or hypothecation.

find out more

Simple Contract For Buying A House From Owner

A U.S. legal agreement for direct property sales between owner and buyer without real estate agent involvement.

find out more

Future Receipts Sale Agreement

A U.S.-governed agreement for the sale of future business receipts in exchange for immediate capital, structured as a purchase rather than a loan.

find out more

Employment Agreement After Sale Of Business

A U.S. employment agreement establishing new terms between an acquiring company and transferred employees following a business acquisition.

find out more

Consulting Agreement After Sale Of Business

A U.S.-governed agreement defining consulting services provided by a former business owner to the acquiring company after a business sale.

find out more

Contract Of Sale Condominium Unit

A U.S. legal agreement for the purchase and sale of a condominium unit, outlining terms, conditions, and obligations of the transaction.

find out more

Lease Option Agreement For Sale

A U.S. legal agreement combining property lease terms with an option to purchase at a predetermined price and timeframe.

find out more

Seller Rent Back Agreement Form

A U.S. legal document establishing terms for a property seller to temporarily rent back their sold property from the new owner.

find out more

Agreement To Sell And Purchase

A U.S.-governed contract documenting the terms and conditions for the sale and purchase of goods, property, or assets between parties.

find out more

Patent Sale Agreement

A U.S.-governed agreement for the transfer of patent ownership rights from seller to purchaser.

find out more

Old Vehicle Sale Agreement

A U.S. legal agreement documenting the sale and transfer of ownership of a used vehicle between parties.

find out more

Laptop Sale Agreement

A U.S.-governed agreement for the sale and purchase of a laptop computer, including terms, conditions, and warranties.

find out more

Agreement Of Sale With Possession

A US legal document combining property sale terms with possession arrangements, commonly used in real estate transactions where possession and closing dates differ.

find out more

Sales Manager Agreement

A U.S.-compliant employment contract defining terms, compensation, and duties for sales manager positions.

find out more

Vessel Purchase And Sale Agreement Form

A legally binding agreement for the sale and purchase of marine vessels under U.S. maritime law and regulations.

find out more

Sale Lease Back Agreement

A U.S.-governed agreement where an owner sells an asset and immediately leases it back from the buyer for continued use.

find out more

Business Sale Deposit Contract

A U.S.-compliant legal agreement governing the deposit payment and terms in a business sale transaction.

find out more

Immovable Property Sale Agreement

A legally binding agreement under U.S. law that documents the terms and conditions for the sale and purchase of real property.

find out more

Tripartite Agreement For Sale Of Property

A U.S. legal agreement between three parties for property sale, typically involving a seller, buyer, and financial institution or developer.

find out more

Scrap Sale Agreement

A U.S.-governed contract establishing terms for the sale and purchase of scrap materials, including specifications, pricing, and regulatory compliance.

find out more

Private Token Sale Agreement

A U.S.-compliant legal agreement governing the private sale of digital tokens between issuers and qualified purchasers.

find out more

House Sale Contract Form

A legally binding agreement used in the United States for residential property sales, conforming to federal and state-specific real estate laws.

find out more

Bill Of Sale Contract With Payments

A U.S. legal document combining property transfer documentation with structured payment terms and conditions.

find out more

Agreement Of Sale And General Power Of Attorney

A U.S. legal document combining property sale terms with power of attorney authorization for transaction completion.

find out more

Sales Commission Letter To Employees

A U.S.-compliant document that outlines commission-based compensation terms and conditions for employees.

find out more

Sale And Purchase Agreement Spa

A U.S.-governed legal agreement documenting the terms and conditions of an asset or business sale between buyer and seller.

find out more

Oil Purchase And Sale Agreement

A U.S.-governed agreement that establishes terms and conditions for the sale and purchase of oil products between parties.

find out more

Letter Of Agreement To Sell Property

A binding preliminary agreement outlining terms and conditions for property sale in the United States, serving as a framework for the final purchase agreement.

find out more

Gold Sale Agreement

A U.S.-governed agreement establishing terms for gold sales between parties, compliant with federal and state commodity trading regulations.

find out more

Debt Sale Agreement

A U.S.-governed agreement for the sale and transfer of debt portfolios, compliant with federal and state debt collection laws.

find out more

Contract Of Sale And Agreement To Sell

A US-law governed agreement that documents either an immediate sale or a commitment to sell goods in the future, subject to the UCC.

find out more

Bill Of Sale With Payment Terms

A U.S. legal document that transfers property ownership while establishing structured payment terms, governed by federal and state laws.

find out more

Agreement For Sale Without Possession

A U.S. legal agreement transferring property ownership while maintaining separate physical possession arrangements.

find out more

Sale With Buyback Agreement

A U.S.-governed agreement enabling asset sale with predetermined buyback rights or obligations under federal and state commercial laws.

find out more

Letter Of Intent To Sell Property To Tenant

A preliminary U.S. real estate document outlining proposed terms for selling property to an existing tenant.

find out more

International Contract Of Sale

A US-law governed agreement for international sale of goods, incorporating CISG and Incoterms for cross-border transactions.

find out more

For Sale Contract

A U.S.-governed legal agreement documenting the sale of goods or property between a seller and buyer, outlining terms, conditions, and obligations of the transaction.

find out more

Employer Employee Sales Commission Agreement

A U.S.-governed agreement establishing commission-based compensation terms between employer and employee.

find out more

Dealer Arranged Conditional Sale Agreement

A U.S.-compliant agreement facilitating dealer-arranged financing where the seller retains title until full payment is made.

find out more

Sales Agreement Terms And Conditions

A US-compliant legal document establishing terms and conditions for the sale of goods between parties.

find out more

Retail Installment Sales Contract

A U.S.-governed agreement documenting terms of a credit sale where goods are purchased and paid for in installments, subject to federal and state regulations.

find out more

Contract To Sell Installment Payment

A U.S.-compliant agreement allowing purchase of property or goods through scheduled installment payments.

find out more

As Is Residential Contract For Sale And Purchase

A U.S. legal agreement for residential property sales where the buyer accepts the property in its current condition without seller warranties.

find out more

Agreement For Sale Of Mortgaged Property

U.S.-governed agreement for transferring ownership of mortgaged property, addressing property sale terms and existing mortgage obligations.

find out more

Small Business Purchase Agreement

A U.S.-governed agreement for the purchase and sale of a small business, including its assets and operations.

find out more

Scrap Vehicle Sale Agreement

A U.S. legal agreement governing the sale of vehicles for scrap or salvage purposes, ensuring compliant transfer of ownership and environmental requirements.

find out more

Sale Of Shares In Private Company Agreement

A U.S. legal agreement for the transfer of ownership shares in a private company, compliant with federal and state securities laws.

find out more

Sale Of Goodwill Contract

A U.S. legal agreement governing the sale and transfer of business goodwill and associated intangible assets.

find out more

Sale And Construction Agreement

A U.S.-governed agreement combining property sale and construction terms, establishing scope, pricing, and project requirements under federal and state regulations.

find out more

Property Sell Agreement

A legally binding U.S. contract documenting the terms and conditions for the transfer of real property between seller and buyer.

find out more

Contract For Dog Purchase

A U.S.-governed legal agreement for the sale and transfer of ownership of a dog, including terms of sale, health warranties, and ownership rights.

find out more

Condominium Purchase Agreement

A U.S.-governed legal agreement for the purchase and sale of a condominium unit, including terms, conditions, and required disclosures.

find out more

Bike Sale Purchase Agreement

A U.S.-compliant legal agreement for the sale and purchase of a bicycle, outlining terms, conditions, and warranties.

find out more

Auto Sales Contract

A legally binding agreement used in the United States for the purchase and sale of motor vehicles, complying with federal and state regulations.

find out more

Horse Sale Contract

A U.S.-governed legal agreement for the sale and purchase of a horse, outlining terms, conditions, and responsibilities of all parties involved.

find out more

Sale Of Partnership Interest Agreement

A U.S. legal agreement governing the sale and transfer of partnership interests from one party to another.

find out more

Registered Agreement For Sale

A legally binding and registrable contract used in US real estate transactions that documents the terms and conditions of a property sale between parties.

find out more

Unconditional Sale And Purchase Agreement

A U.S.-governed agreement for the unconditional transfer of goods or property from seller to buyer, regulated by the UCC and state laws.

find out more

Purchase Contract For Home

A legally binding agreement for the purchase and sale of residential property in the United States, outlining all terms and conditions of the transaction.

find out more

Plot Sale Agreement

A legally binding agreement for the sale of land in the United States, detailing terms, conditions, and obligations of both parties.

find out more

Horse Sale Contract With Payments

A U.S.-governed contract for horse sales with installment payments, including ownership transfer terms and buyer/seller protections.

find out more

Exclusive Rights To Sell Agreement

A U.S. real estate contract granting exclusive property selling rights to a specific broker for a defined period.

find out more

Equipment Sales Contract

A U.S.-governed contract defining terms and conditions for equipment sales transactions under UCC regulations.

find out more

Contract For Sale Of Shares In A Private Company

A U.S. legal agreement documenting the sale and transfer of shares in a private company from seller to buyer.

find out more

Car Purchase And Sale Agreement

A U.S.-governed agreement documenting the sale and transfer of ownership of a vehicle between seller and buyer.

find out more

Used Equipment Sale Agreement

A U.S.-governed agreement documenting the sale of pre-owned equipment between parties, including terms, conditions, and warranties.

find out more

Sales And Service Contract

A U.S.-governed contract combining product sales and related services, regulated by UCC and state laws.

find out more

Sale Contract Agreement

A US law-governed agreement establishing terms and conditions for the sale and purchase of goods between parties, compliant with UCC requirements.

find out more

Sale And Purchase Agreement Key Terms

A U.S.-governed document outlining the fundamental terms and conditions for a sale and purchase transaction.

find out more

Token Sale Agreement

A legal agreement governing token sales in the US, complying with federal securities laws and state regulations.

find out more

Sub Sale Agreement

A U.S.-governed agreement facilitating the resale of goods or property through an intermediate party to an end buyer.

find out more

Deposit Agreement Of Purchase And Sale

A U.S. legal document governing the terms of a deposit in a purchase transaction, including holding arrangements and release conditions.

find out more

Sale Of Sole Proprietorship Business Agreement

A U.S.-governed agreement for the sale and transfer of ownership of a sole proprietorship business, including assets, liabilities, and terms of sale.

find out more

Private Car Sale Installment Agreement

A U.S. legal agreement for private vehicle sales with installment payments, incorporating federal and state compliance requirements.

find out more

Owner Finance Car Sale Contract

A U.S. legal agreement documenting a vehicle sale where the seller provides direct financing to the buyer, combining sale and financing terms under federal and state regulations.

find out more

Bulk Sale Agreement

A U.S. legal agreement governing the sale of substantial business assets, subject to state and federal regulations for creditor protection.

find out more

Used Car Sales Agreement

A legally binding agreement for the sale of a pre-owned vehicle in the United States, complying with federal and state regulations.

find out more

Sales Manager Employment Contract

A U.S.-governed employment agreement establishing terms and conditions for a Sales Manager position, including compensation, duties, and performance expectations.

find out more

Private Car Sale Deposit Contract

A U.S. legal agreement securing a deposit between private parties in a vehicle sale transaction.

find out more

Pre Sale Contract

A U.S.-governed agreement establishing terms and conditions for a future sale transaction between parties.

find out more

International Sales Representative Agreement

A U.S.-governed agreement establishing terms between a company and its international sales representative, covering territory rights and commission structures.

find out more

International Sales Commission Agreement

A U.S.-governed agreement establishing commission terms between a company and international sales representatives.

find out more

Installment Land Sale Contract

A U.S. legal agreement for seller-financed land purchases through installment payments, with the seller retaining legal title until full payment.

find out more

Initial Contract Of Sale

A U.S.-governed legal agreement establishing the basic terms for transferring goods or property from seller to buyer.

find out more

Sale And Leaseback Contract

A U.S.-governed agreement where property is sold and immediately leased back to the seller, creating a simultaneous sale and lease arrangement.

find out more

Manufacturers Rep Agreement

A U.S. legal agreement establishing terms between manufacturers and sales representatives, covering territory rights, commissions, and mutual obligations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.