Legal

Disclaimer

Last updated: February 15, 2026
The content on this site is for informational and educational purposes only. It does not constitute financial advice, investment advice, trading advice, or any other form of professional advice.

Always consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results. All investments and commodity trading carry risk, including the potential loss of principal.

ZUG Oil and its editorial team have no fiduciary relationship with readers and accept no liability for investment losses.

1. General Disclaimer

ZUG Oil (zugoil.com) provides editorial content, market intelligence, regulatory analysis, and commentary relating to commodity trading in Canton of Zug, Switzerland and globally. All content is published for informational and educational purposes only. Nothing on this website constitutes, or should be interpreted as, financial advice, investment advice, trading advice, tax advice, legal advice, or any other form of licensed professional advice.

We are an independent editorial platform, not a registered investment advisor, broker-dealer, financial planner, commodity trading advisor, or licensed professional in any jurisdiction. Our editors and contributors are not registered with FINMA, the SEC, the FCA, or any other financial regulatory authority in their capacity as ZUG Oil contributors.

2. No Investment Recommendations

No content on this website constitutes a recommendation, solicitation, or offer to buy, sell, or hold any commodity, security, financial instrument, or investment product. References to specific companies (including Glencore, Ferrexpo, MET Group, Kolmar Group, Rio Tinto, or any other entity), their securities, share prices, financial results, or market performance are provided for analytical and educational purposes only and do not constitute endorsements, buy recommendations, or sell recommendations.

Commodity markets are inherently volatile and unpredictable. Commodity prices can fluctuate dramatically due to geopolitical events, supply-demand imbalances, weather patterns, regulatory changes, currency movements, and other factors beyond anyone's control or ability to predict. Any investment in commodities, commodity-linked securities, or commodity trading operations carries the risk of substantial or total financial loss.

3. Past Performance Disclaimer

Past performance does not guarantee future results. Historical commodity prices, company financial results, investment returns, share price appreciation, and other retrospective data presented on this website are not reliable indicators of future performance. Market conditions, competitive dynamics, regulatory environments, and macroeconomic factors can change materially and without warning.

4. Forward-Looking Statements

This website may contain forward-looking statements, projections, estimates, and forecasts relating to commodity markets, company performance, industry trends, regulatory developments, and economic conditions. These statements are based on current expectations, assumptions, and available information, and are subject to significant risks and uncertainties. Actual results may differ materially from any forward-looking statements. We assume no obligation to update forward-looking statements as new information becomes available.

5. No Endorsement of Products or Services

References to companies, products, services, technologies, or investment instruments on this website do not constitute endorsements. We may mention specific companies, trading platforms, financial products, or professional service providers in our editorial content — such references are for informational purposes only and do not imply recommendation, approval, or affiliation. Readers should conduct their own due diligence before engaging with any company, product, or service mentioned on this website.

6. Third-Party Information

This website references and cites data, statistics, analysis, and information from third-party sources including government agencies, international organizations, corporate filings, research institutions, and media organizations. While we endeavor to use reliable sources and verify information (as described in our Editorial Policy), we make no warranty regarding the accuracy, completeness, or timeliness of third-party information. Readers should verify critical data independently and consult primary sources for the most current information.

7. Tax Disclaimer

Information relating to Swiss tax rates, cantonal tax frameworks, OECD Pillar Two, STAF provisions, patent box incentives, and other tax-related content is provided for general educational context only. Tax laws are complex, subject to change, and vary based on individual circumstances, entity structure, jurisdiction, and applicable treaties. Nothing on this website constitutes tax advice. Readers should consult qualified tax professionals — particularly Swiss-licensed fiduciaries, tax advisors, or certified public accountants — before making any tax-related decisions.

8. Regulatory Disclaimer

Content relating to commodity trading regulations, FINMA requirements, AMLA compliance, FATF standards, SUISSENÉGOCE guidelines, and other regulatory matters is provided for informational purposes only. Regulatory frameworks are subject to interpretation and change. Nothing on this website constitutes legal or regulatory compliance advice. Readers should consult qualified legal professionals for specific regulatory guidance applicable to their operations.

9. Affiliate Disclosure

ZUG Oil may, in the future, participate in affiliate marketing programs where we earn commissions on qualifying purchases made through links on our website. If and when affiliate relationships are established, they will be disclosed in the relevant content. Affiliate relationships will never influence editorial coverage, analytical conclusions, or the selection of topics covered. At the time of this writing, ZUG Oil has no active affiliate relationships.

10. Limitation of Liability

To the fullest extent permitted by Swiss law, ZUG Oil, its founder, editors, contributors, and affiliates shall bear no liability whatsoever for any losses, damages, costs, or expenses (whether direct, indirect, consequential, special, or incidental) arising from or related to your use of this website, your reliance on any content published herein, or any decisions made based on information obtained from this website. This includes, without limitation, losses arising from commodity trading, investment decisions, tax planning, regulatory compliance, or business decisions informed by our content.

11. Professional Consultation

We strongly encourage all readers to seek independent professional advice before making any financial, investment, trading, tax, legal, or business decisions. Appropriate professionals may include:

Financial decisions: Licensed financial advisors, registered investment advisors, certified financial planners (CFP/CFA).
Tax decisions: Swiss fiduciaries, chartered accountants, licensed tax advisors.
Legal decisions: Qualified attorneys admitted to practice in the relevant jurisdiction.
Trading decisions: Registered commodity trading advisors (CTAs), risk management consultants.
Regulatory compliance: Specialized compliance attorneys, former regulatory officials, compliance consultancies.

12. Contact

For questions about this Disclaimer, contact:

ZUG Oil
Email: [email protected]
Vevey, Canton of Vaud, Switzerland