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TeachMeFinance.com - explain Crude oil f.o.b. price Crude oil f.o.b. price The term 'Crude oil f.o.b. price' as it applies to the area of energy can be defined as ' The crude oil price actually charged at the oil producing country's port of loading. Includes deductions for any rebates and discounts or additions of premiums, where applicable. It is the actual price paid with no adjustment for credit terms'. Previous 5 Terms: CRT cruciferous cruciform Crud Crude oil Next 5 Terms: Crude oil input Crude oil landed cost Crude oil losses Crude oil production Crude oil qualities About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.