Terms of Service

1. Platform Status

OilFlow Network is a technology platform that facilitates introductions between verified counterparties in physical commodity markets. OilFlow Network does not act as a broker, agent, dealer, counterparty, or intermediary in any transaction. OilFlow Network does not negotiate, execute, guarantee, or participate in any transaction between users.

2. No Advice Disclaimer

Market intelligence, data, and analytics provided through the platform are for general informational purposes only and do not constitute trading advice, investment advice, or a recommendation to enter into any transaction. Users are solely responsible for their own trading decisions.

3. No Guarantee

OilFlow Network does not guarantee the accuracy of any information provided by users, the suitability of any match, the completion of any transaction, or any particular outcome. All transactions are conducted directly between the relevant buyer and seller.

5. Independent Parties

Users acknowledge that they are independent commercial entities acting on their own behalf. No agency, partnership, joint venture, or employment relationship is created between OilFlow Network and any user, or between users, by virtue of using the platform.

6. Limitation of Liability

To the maximum extent permitted by applicable law, OilFlow Network's total liability for any claim arising out of or relating to these terms shall not exceed the total fees paid by the claimant to OilFlow Network in the twelve (12) months preceding the claim. OilFlow Network shall not be liable for any indirect, incidental, special, consequential, or punitive damages.

7. User Obligations

As a condition of using the platform, each user agrees to:

• Provide accurate, current, and complete information during registration and throughout the use of the platform, and promptly update any information that changes.
• Comply with all applicable laws, regulations, and sanctions regimes, including but not limited to OFAC, UN, EU, and UK sanctions lists.
• Not use the platform for any illegal, fraudulent, or unauthorized purpose, including any activity that would violate anti-money laundering or counter-terrorism financing regulations.
• Maintain the confidentiality of account credentials and accept responsibility for all activity under the user's account.

9. Prohibited Uses

Users shall not use the platform, directly or indirectly, for:

• Sanctions evasion, circumvention, or facilitation of transactions involving sanctioned persons, entities, or jurisdictions.
• Money laundering, trade-based money laundering, or the concealment of the proceeds of crime, including through mispricing, over- or under-invoicing, or fictitious trade documentation.
• Terrorism financing, proliferation financing, or any activity prohibited under applicable counter-terrorism laws.
• Tax evasion, fraudulent misrepresentation of trade documentation, or any other illegal purpose.

OilFlow Network monitors transaction patterns and reserves the right to report suspicious activity to relevant authorities, suspend accounts, and cooperate with law enforcement investigations.

11. Data Accuracy Disclaimer

Market data, price benchmarks, freight indices, trade corridor analytics, and all other data displayed on the platform are sourced from third-party providers and publicly available information. This data may be delayed, inaccurate, incomplete, or subject to revision without notice. OilFlow Network does not warrant the accuracy, completeness, timeliness, or reliability of any data provided. Users should independently verify all data before making commercial decisions.

12. Indemnification

Each user agrees to indemnify, defend, and hold harmless OilFlow Network, its officers, directors, employees, and agents from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable legal fees) arising out of or related to: (a) the user's use of the platform; (b) any transaction between the user and any counterparty introduced through the platform; (c) the user's breach of these Terms of Service; (d) the user's violation of any applicable law, regulation, or sanctions regime; or (e) any dispute between the user and a counterparty. This indemnification survives termination of the user's account.

13. Force Majeure

OilFlow Network shall not be liable for any delay or failure in performance resulting from causes beyond its reasonable control, including but not limited to: changes to sanctions lists or regulations, government actions, embargoes, trade restrictions, acts of war or terrorism, natural disasters, pandemics, internet or telecommunications failures, third-party API outages, cyberattacks, or disruptions to banking, payment, or financial systems. During any force majeure event, OilFlow Network's obligations shall be suspended for the duration of the event.

14. Intellectual Property

All content, features, and functionality of the platform — including but not limited to market intelligence reports, matching algorithms, data analytics, software, text, graphics, logos, and design — are the exclusive property of OilFlow Network or its licensors and are protected by applicable intellectual property laws. Users may not reproduce, distribute, modify, create derivative works of, or otherwise exploit any platform content without prior written consent.

15. Termination

Either party may terminate the membership relationship at any time by providing written notice. Upon termination, the user's access to the platform will be revoked at the end of the current billing period.

OilFlow Network reserves the right to suspend or terminate a user's account immediately, without prior notice, if the user violates these Terms of Service, fails to pass ongoing compliance checks, engages in conduct that is harmful to other users or the platform, or if continued access would expose the platform to legal or regulatory risk.

16. Governing Law & Dispute Resolution

These terms shall be governed by and construed in accordance with the laws of England and Wales, without regard to conflict of law principles. This choice of law reflects industry standard practice for international physical commodity trade.

Any dispute, controversy, or claim arising out of or relating to these Terms of Service, or the breach, termination, or invalidity thereof, shall be finally settled by arbitration under the rules of the London Court of International Arbitration (LCIA). The number of arbitrators shall be one. The seat of arbitration shall be London, England. The language of arbitration shall be English.

Class Action Waiver: All disputes must be brought in an individual capacity and not as a plaintiff or class member in any purported class, consolidated, or representative proceeding. Users waive any right to participate in class actions or class-wide arbitration.

17. Modifications

OilFlow Network reserves the right to update or modify these Terms of Service at any time. Users will be notified of material changes via email or platform notification at least thirty (30) days prior to the changes taking effect. Continued use of the platform after the effective date of any modification constitutes acceptance of the revised terms.