In crude oil trading, what does discount 12/6 mean?

should someone should answer my question please?

Why should we answer ur question when u are not forthcoming at all ?

Dr kitaun you should have simply just answer his question.My broda 12/6 means $12 below brent international price for crude oil then less $6.which is net $6 given to buyer then the left over is been shared by facilators and agents.Hope i have shared light to your question.Thanks

u sef fail the question sef 

Mr Lecturer   

u don ever see any transaction in the ratio 12/6 ? u sure say no be something else u dey talk about ?

how much Presidency go take ?

how much the seller go take ?

how are u ever going to share 6 dollars ?

3 dollars to the buyer's side ; 3 to the seller's side ?

do u know how much that is . . .HSBC sef no go gree

Dr Kitaun:

u sef fail the question sef 

Mr Lecturer   

u don ever see any transaction in the ratio 12/6 ? u sure say no be something else u dey talk about ?

how much Presidency go take ?

how much the seller go take ?

how are u ever going to share 6 dollars ?

3 dollars to the buyer's side ; 3 to the seller's side ?

do u know how much that is . . .HSBC sef no go gree 

Omo, you dey fall my hands oo

i will never rest till you folks answer my question.

Well, it depends on the transaction you're doing. 12/6 discount is not impossible-It means simply a discount of $12 where $6 goes to the buyer and the rest of the $6 goes to the buyer/seller agent.But i'm sure any good buyer out there will raise eye brow on that.

Are you okay?

plesky:

Well, it depends on the transaction you're doing. 12/6 discount is not impossible-It means simply a discount of $12 where $6 goes to the buyer and the rest of the $6 goes to the buyer/seller agent.But i'm sure any good buyer out there will raise eye brow on that.

Are you okay?

u dont have a clue dude.

do you even know what Crude Oil transaction entails ?

i think you're rude Sir!

^Thanks for your healthy observation sir.