OilfieldDirectory.com offers a resource to find information about oil & gas.
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OilfieldDirectory.com - THE #1 Global Petroleum Resource center as featured on CNN.com. Petro Yellowpages, Auctions, Classifieds, Real Estate, Forums Job Bank, Recruiters, rated #1 by thousands of petroleum executives and purchasing agents all over the world.
Description
Dutch Auction Supported. Dutch Auctions allow seller to auction multiple quantities of an item while buyers buy only as much as they require.
Reserve Price Auction Supported. Seller specifies the minimum amount they are willing to accept for an item. They may set the minimum bid (starting price) lower but until the current bid reaches or exceeds the reserve bid the item is not sold
Escrow Services Available. Escrow services allow the Auction company to take money from the buyer before the goods are shipped and retain them. The money is then released to the Seller after the buyer confirms and accepts the delivery of merchandize. In case of non acceptance by the buyer the money is refunded to him. The operation is fully automated and is a great source of revenue earnings for the Auction company.
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