SSLT Global
HS 2709.00Energy

HS Code for WTI Crude Oil (HS 2709.00)

WTI is ~40 API, 0.24% sulphur - a light sweet grade. NYMEX WTI futures settle physical at Cushing OK. WTI Midland (produced in the Permian) and Magellan East Houston (MEH) are the two export-grade specifications shipped from US Gulf Coast.

Reviewed against WCO HS · WTO IDB · National customs schedules2 authoritative sourcesLast reviewed July 2026

Sample 6-digit codes

CodeDescription
2709.00Petroleum oils, crude
Need to check a specific code? Use the free HS code lookup tool.

Typical import duty by market

MarketDuty
European Union
0%
China
0%
India (BCD)
0%
South Korea
0%
FTA partner.

Worked landed-cost example

2,000,000 bbl VLCC WTI Midland, FOB LOOP USD 78.30/bbl, CFR Ulsan Korea

FOBUSD 156,600,000
Freight (VLCC)USD 7,500,000
CFR valueUSD 164,100,000
Korea dutyUSD 0
Landed ≈ USD 164.1m. Priced against WTI Houston + Asia freight differential.
Run your own numbers in the import duty & tax calculator.
Regulatory checkpoints
  • · NYMEX WTI futures - 1,000 bbl per contract, physical delivery Cushing OK.
  • · Platts Dated WTI Midland assessment for FOB Corpus Christi/Houston.
  • · US Bureau of Industry and Security - crude export licence not required post-2015 ban lift.
  • · MARPOL Annex I / OPA 90.
Top exporting countries
  • · United States (Corpus Christi, Houston, LOOP)

Frequently asked questions

Why LOOP for VLCC loading?

Louisiana Offshore Oil Port is the only US terminal that can fully load a VLCC (2 million bbl). Corpus Christi handles Aframax and partial-lift Suezmax reverse-lightering to VLCC in the Gulf. LOOP direct loading saves USD 1-2/bbl in reverse lightering costs on Asia arb cargoes.

Destination market toolkits

Country-specific duty, VAT/GST and Incoterms practice for the top destinations for energy.

Energy landed-cost pages: every destination market

Jump straight to the energy import guide for any of the destination markets we cover.

Related commodity guides

Related tools

Sources & citations

Duty rates and regulations compiled from WCO HS, WTO integrated database, national customs authorities and published FTA schedules. Provided for decision-support only - confirm the 10-digit line and current preferential status with your licensed customs broker before acting.

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