Solutions  /  Crude & refined products
Solutions · Crude and refined products

Clear the counterparty. Capture the attestation. Defend the trade.

In oil, the risk hides behind the counterparty: a beneficial owner that trips the fifty-percent rule, a price-cap attestation that has to hold for five years, a vessel and cargo that do not match the paperwork. Compliable.ai screens the entity and its owners, captures the attestation trail, and reconciles the trade documents, then keeps watching as designations change.

Aerial view of a crude oil products tanker at sea
01 · The problem

The counterparty checks out. The exposure doesn't.

A trading counterparty can pass every name-screen and still carry the risk that matters. In crude and refined products, the exposure sits behind the entity: in who owns it, in the attestation that has to hold up, and in the vessel and cargo named on the trade documents.

The owner behind the name

The fifty-percent rule

A cleanly named counterparty can be majority-owned, in aggregate, by a blocked person, and blocked itself. Ownership has to be traced, not taken from the letterhead.

The attestation

A record that has to hold

Price-cap and origin attestations, and the trail behind them, are what a regulator asks for later. They have to be captured at the trade and defensible for years.

The vessel and cargo

The paper has to reconcile

Blending, transshipment, and reflagging obscure a barrel's real story. A designated vessel can surface after signing, so the documents have to reconcile against the trade.

02 · One platform, shaped to your trade

The same three questions, asked of every trade. You configure how each is answered.

Who is this counterparty and who is behind it, what is the risk across the entity and the trade, and can you defend the decision later. Compliable.ai answers all three on one platform, and every part is yours to set: the documents you require, the checks you run, the steps you keep or cut, and what happens at each event. Below is the default flow for a crude or refined-products trade. Reshape it to your desk.

A default flow, ready to reshape
Request
Trade counterparty added
Collect
Docs & attestations
Screen
Sanctions & ownership
Validate
Document reconciliation
Assess
Risk score & band
Authorize
Approve the trade
Monitor
Designations & renewals
1

Collect

Documents you require
  • Incorporation and ownership records
  • Charter parties, bills of lading, and certificates of origin
  • Price-cap and origin attestations
  • Bank references and trade documentation
2

Screen

Checks you run
  • Counterparty and beneficial-owner screening across the Office of Foreign Assets Control (OFAC), United Nations, and European Union lists
  • Ownership tracing via GLEIF to test the fifty-percent rule
  • Adverse media via GDELT, politically exposed person checks via Wikidata
  • Vessel and cargo named in the documents reconciled against the trade
3

Decide

The call you make
  • Evidence measured against your policy
  • Open questions resolved before the cargo moves
  • A recommendation with the reasoning shown
  • A closed, encrypted record built to the retention a sanctions review expects
None of this is fixed. Cut a step a known counterparty does not need, prefill the attestations you require, tighten the checks when a jurisdiction or a vessel raises a flag, or re-screen automatically the moment a designation lands. The template is yours to configure. The platform keeps every version coherent and audit-ready.
Your documents become your workflow

The standard documents, validated today. The rest, configured with you.

Compliable.ai validates the critical documents every counterparty shares out of the box: articles of formation and incorporation, standard bank documents, and tax forms. The documents and checks specific to crude and refined-products trading you give us as examples, and we turn them into validation and workflow with you, not in an engineering backlog. For the parts unique to your desk, we partner and refine against your real cases.

03 · The engine underneath

The AI does the gathering. Your analyst makes the call.

Every trade file runs through the same set of AI capabilities. Here is what that looks like pointed at a crude or refined-products counterparty.

Document validation

Reads charter parties, bills of lading, certificates of origin, and price-cap attestations in seconds, extracts the key terms, and flags a bad or missing document on upload.

Cross-document analysis

Reconciles the trade. If the stated origin does not match the shipping documents, or the attestation does not line up with the freight and insurance, it surfaces immediately.

Beneficial-ownership resolution

Traces ownership through GLEIF to test the fifty-percent rule and unmask the blocked owner behind a clean-named trading entity.

Screening triage

Runs multi-provider screening on the entity and its owners, then scores false-positive probability so a common trading name does not stall an approval.

Enrichment linking

Matches the counterparty across open data for corporate structure, leaked-document exposure, and adverse media, and links what belongs together.

Executive summary

Writes the trade file into a defensible record with the attestation trail attached, ready for the approve-or-hold decision and a later sanctions review.

Screening providers, unified in one pass
OFAC World-Check Dow Jones UN & EU sanctions Internal watchlists
Enrichment across open data sources
GLEIF corporate structure Wikidata PEP status ICIJ leaked documents GDELT adverse media
04 · Diligence depth that scales with risk

Clear a known counterparty fast. Press hard where the trade calls for it.

Not every trade earns the same review. Compliable.ai scores each counterparty and tiers the work, so an established relationship clears quickly and a trade with sanctioned-jurisdiction or price-cap exposure gets the deeper look, automatically, by rule.

Tier 1 · Routine

Established, low-risk corridor

A known counterparty trading in a low-risk jurisdiction. Identity, sanctions, and ownership screening at baseline depth.

Risk band: typically Low. Automated pass, exception review only.
Tier 2 · Elevated

New party or complex ownership

A new counterparty, a higher-risk jurisdiction, or layered ownership. Adds enhanced ownership tracing and adverse-media review.

Risk band: Medium. Analyst review before the trade.
Tier 3 · Enhanced

Sanctioned-jurisdiction or price-cap exposure

Exposure to a sanctioned jurisdiction, a price-cap-sensitive cargo, or a flagged vessel. Full enhanced due diligence (EDD) and a complete attestation record.

Risk band: High to Critical. Senior sign-off, full audit narrative.
What the risk score weighs
Counterparty and owner risk and the fifty-percent rule
Jurisdiction and price-cap exposure
Cargo origin and transshipment signals
Vessel named in the documents
Document completeness and attestation validity
Adverse media volume and relevance
05 · The agents, working a trade

The same four agents, pointed at a crude trade.

Agentic Authority is not one AI making calls. It is specialized agents, each doing one job, collaborating through a controlled workflow, here configured for a crude or refined-products counterparty.

Agent 01

Document Intelligence Agent

Reads and validates every trade document as it uploads, and reconciles the file. A stated origin that does not match the bill of lading, or a missing attestation, surfaces the moment the file lands.

Agent 02

Agentic Screening Agent

Runs sanctions and watchlist screening on the counterparty and its owners in one pass, traces ownership through GLEIF for the fifty-percent rule, then explains and scores each hit.

Agent 03

Signal Agent

Applies your trading policy and the counterparty's risk tier to the evidence, then recommends the call: approve, hold, or escalate, with the reasoning shown.

Agent 04

Executive Synthesis Agent

Writes the trade into a defensible record with the attestation trail attached, ready for the approve-or-hold decision and for a sanctions review years later.

Verify Once. Share Often.

A cleared counterparty becomes a profile you reuse across desks.

Each completed onboarding turns into a compliance profile the counterparty controls and can share. The next desk or relationship that needs them starts ahead, collecting only the delta, which mirrors the counterparty-to-counterparty attestation flow the price-cap regime already expects.

06 · After the trade clears

Sanctions move faster than contracts. So does the platform.

A counterparty cleared today can be designated next week. Compliable.ai keeps watching, so a new designation becomes an alert, not a surprise in an audit.

Continuous re-screening

Active counterparties and their owners are re-screened on your schedule and the moment a sanctions list changes.

Designation events

A newly designated party, a flagged vessel named in a document, or a price-cap update triggers a fresh look automatically, on rules you set.

Renewal without restart

An annual review reuses the existing file. The counterparty provides only what changed, and the attestation record carries forward.

Clear your next cargo with the whole trade in view.

We will run one of your counterparty types through the crude and refined-products template, from document upload to a defensible decision, in a live walkthrough.