BP Oil International Ltd v Glencore Energy UK Ltd [2022] EWHC 499 (Comm)

Recapcontract making

The claimant BPOI purchased a cargo of crude oil from the defendant Glencore, and alleged that it was contaminated with organic chlorides. By the contract of sale, formed in April 2019 on now disputed terms, Glencore had sold 100,000 mt +/- 10 per cent of Russian Export Blend Crude Oil to BPOI, to be loaded between 13 and 18 April 2019, delivered CIF Rotterdam, and at a price of “Dated Brent + 0.53 USD” per barrel.