Legal

Terms & Conditions

Last updated September 23, 2026

1. Introduction

Welcome to OILSTRAIT, a digital platform for oil and gas, operated by Oilstrait Exchange LLC ("OILSTRAIT", "we", "us"). These Terms & Conditions govern your access to and use of our website, mobile applications, and services (together, the "Service"). By using the Service, you agree to be bound by these Terms.

2. Your Account

To access certain features, you must create an account. You agree to provide accurate and complete information and to keep your account credentials confidential. You are responsible for all activity associated with your account.

3. Use of the Service

  • OILSTRAIT provides a secure marketplace platform for individuals and businesses.
  • Users agree to comply with all applicable laws and regulations when using the Service.
  • You may not use the Service for any fraudulent, unlawful, or otherwise inappropriate purpose.

4. Payments & Security Deposits

All transactions are processed through third-party payment providers.

5. Prohibited Conduct

Users may not:

  • Provide false information or misrepresent oil and gas conditions.
  • Use the Service to engage in fraud, money laundering, or other illegal activities.
  • Tamper with the security or proper functioning of the Service.

6. Limitation of Liability

To the fullest extent permitted by law, OILSTRAIT is not liable for any indirect, incidental, or consequential damages arising from the use of the Service.

7. Dispute Resolution

Any disputes between users should first be attempted to be resolved between the parties. If a resolution cannot be reached, disputes will be handled in accordance with OILSTRAIT's policies and applicable laws.

8. Privacy

Your use of the Service is subject to OILSTRAIT's Privacy Policy.

9. Indemnification

You agree to indemnify and hold harmless OILSTRAIT, its officers, directors, employees, and affiliates from any claims, damages, or losses arising from your use of the Service.

10. Modifications to Terms

OILSTRAIT reserves the right to modify these Terms at any time. Users will be notified of significant changes, and continued use of the Service constitutes acceptance of the revised Terms.

11. Governing Law

These Terms are governed by the laws of the state in which OILSTRAIT is registered, without regard to its conflict of law principles.

12. Contact Information

For any questions regarding these Terms, please contact us at support@oilstrait.com.