Intelligence · Explainers
Explainers
A growing library that demystifies the contracts, indices and products that move energy markets. No jargon, no fluff.
What is TD3C?
The benchmark VLCC route from the Arabian Gulf to China — and why charterers watch it like an oil-price signal.
Freight · 4 min read · Read →
What is a crack spread?
How refiners' margins are quoted, hedged and read — including 3-2-1, gasoil and jet variants.
Refining · 5 min read · Read →
Understanding LNG arbitrage
JKM vs. TTF, freight, regas slots and contracted exposure: what it really takes to capture an LNG arb.
LNG · 6 min read · Read →
Want an explainer on a specific index or contract? Suggest a topic