Optimal Combination
Send Fuel Oil — VLSFO cargo to Fujairah VLSFO
This product+market combination yields the highest absolute USD profit at current prices. Adjust cargo volumes below to model different sizes.
Total profit
$44.16M
552.00 $/mt · 80,000 mt
Product
LNG (JKM / TTF)
Best LNG route
Asia (JKM)
$37.80M
Netback 10.80 $/MMBtu
Profit by market (USD)
Asia (JKM)
$37.80M
10.80 $/MMBtu
Europe (TTF)
$33.95M
9.70 $/MMBtu
Africa
$31.85M
9.10 $/MMBtu
Product
LPG (Saudi CP / Mt Belvieu)
Best LPG route
Asia FE (CP)
$25.48M
Netback 579.00 $/mt
Profit by market (USD)
Asia FE (CP)
$25.48M
579.00 $/mt
Europe NWE
$24.82M
564.00 $/mt
Africa West
$24.16M
549.00 $/mt
Product
Naphtha (CIF NWE / MOPJ)
Best Naphtha route
Asia MOPJ
$35.64M
Netback 648.00 $/mt
Profit by market (USD)
Asia MOPJ
$35.64M
648.00 $/mt
Europe CIF NWE
$35.26M
641.00 $/mt
Africa West
$34.81M
633.00 $/mt
Product
Gasoline (RBOB / Naphtha)
Best Gasoline route
Asia Singapore
$23.70M
Netback 94.80 $/bbl
Profit by market (USD)
Asia Singapore
$23.70M
94.80 $/bbl
Europe ARA
$23.00M
92.00 $/bbl
Africa West
$22.35M
89.40 $/bbl
Product
Diesel / Gasoil (ICE Gasoil)
Best Diesel / Gasoil route
Asia Singapore
$27.39M
Netback 91.30 $/bbl
Profit by market (USD)
Asia Singapore
$27.39M
91.30 $/bbl
Europe ARA
$26.55M
88.50 $/bbl
Africa West
$26.10M
87.00 $/bbl
Product
Jet Fuel (Jet CIF NWE)
Best Jet Fuel route
Asia Singapore
$27.13M
Netback 96.90 $/bbl
Profit by market (USD)
Asia Singapore
$27.13M
96.90 $/bbl
Europe NWE
$26.07M
93.10 $/bbl
Africa East
$25.40M
90.70 $/bbl
Product
Fuel Oil — VLSFO (Singapore VLSFO)
Best Fuel Oil — VLSFO route
Fujairah VLSFO
$44.16M
Netback 552.00 $/mt
Profit by market (USD)
Fujairah VLSFO
$44.16M
552.00 $/mt
Singapore VLSFO
$43.36M
542.00 $/mt
Rotterdam VLSFO
$42.64M
533.00 $/mt
Product
Fuel Oil — HSFO (Rotterdam Barges 3.5%)
Best Fuel Oil — HSFO route
Fujairah HSFO
$34.72M
Netback 434.00 $/mt
Profit by market (USD)
Fujairah HSFO
$34.72M
434.00 $/mt
Singapore HSFO 380
$34.00M
425.00 $/mt
Rotterdam HSFO 3.5%
$33.04M
413.00 $/mt
Netback comparisons by category
Best per category highlightedGas & LNG
3 combinationsTop: LNG → Asia (JKM) · $37.80M
| # | Product | Market | Netback | Volume | Profit |
|---|---|---|---|---|---|
| 1 | LNG | Asia (JKM) | 10.80 $/MMBtu | 3,500,000 | $37.80M |
| 2 | LNG | Europe (TTF) | 9.70 $/MMBtu | 3,500,000 | $33.95M |
| 3 | LNG | Africa | 9.10 $/MMBtu | 3,500,000 | $31.85M |
Light Products
9 combinationsTop: Naphtha → Asia MOPJ · $35.64M
| # | Product | Market | Netback | Volume | Profit |
|---|---|---|---|---|---|
| 1 | Naphtha | Asia MOPJ | 648.00 $/mt | 55,000 | $35.64M |
| 2 | Naphtha | Europe CIF NWE | 641.00 $/mt | 55,000 | $35.26M |
| 3 | Naphtha | Africa West | 633.00 $/mt | 55,000 | $34.81M |
| 4 | LPG | Asia FE (CP) | 579.00 $/mt | 44,000 | $25.48M |
| 5 | LPG | Europe NWE | 564.00 $/mt | 44,000 | $24.82M |
| 6 | LPG | Africa West | 549.00 $/mt | 44,000 | $24.16M |
| 7 | Gasoline | Asia Singapore | 94.80 $/bbl | 250,000 | $23.70M |
| 8 | Gasoline | Europe ARA | 92.00 $/bbl | 250,000 | $23.00M |
| 9 | Gasoline | Africa West | 89.40 $/bbl | 250,000 | $22.35M |
Middle Distillates
6 combinationsTop: Diesel / Gasoil → Asia Singapore · $27.39M
| # | Product | Market | Netback | Volume | Profit |
|---|---|---|---|---|---|
| 1 | Diesel / Gasoil | Asia Singapore | 91.30 $/bbl | 300,000 | $27.39M |
| 2 | Jet Fuel | Asia Singapore | 96.90 $/bbl | 280,000 | $27.13M |
| 3 | Diesel / Gasoil | Europe ARA | 88.50 $/bbl | 300,000 | $26.55M |
| 4 | Diesel / Gasoil | Africa West | 87.00 $/bbl | 300,000 | $26.10M |
| 5 | Jet Fuel | Europe NWE | 93.10 $/bbl | 280,000 | $26.07M |
| 6 | Jet Fuel | Africa East | 90.70 $/bbl | 280,000 | $25.40M |
Heavy / Resid
6 combinationsContains overall winnerTop: Fuel Oil — VLSFO → Fujairah VLSFO · $44.16M
| # | Product | Market | Netback | Volume | Profit |
|---|---|---|---|---|---|
| 1 | Fuel Oil — VLSFO | Fujairah VLSFO | 552.00 $/mt | 80,000 | $44.16M |
| 2 | Fuel Oil — VLSFO | Singapore VLSFO | 542.00 $/mt | 80,000 | $43.36M |
| 3 | Fuel Oil — VLSFO | Rotterdam VLSFO | 533.00 $/mt | 80,000 | $42.64M |
| 4 | Fuel Oil — HSFO | Fujairah HSFO | 434.00 $/mt | 80,000 | $34.72M |
| 5 | Fuel Oil — HSFO | Singapore HSFO 380 | 425.00 $/mt | 80,000 | $34.00M |
| 6 | Fuel Oil — HSFO | Rotterdam HSFO 3.5% | 413.00 $/mt | 80,000 | $33.04M |