Market
Distillates · 6 min read
Why USGC ULSD keeps clearing into NWE
Refinery turnarounds and weak diesel cracks in Asia keep transatlantic flows the path of least resistance.
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Market
Crude · 6 min read
Brent–Dubai EFS: the Asian arbitrage thermometer
Reading the EFS in tandem with freight to spot east-of-Suez crude flows.
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Explainers
LNG · 6 min read
Understanding LNG arbitrage
JKM vs. TTF, freight, regas slots and contracted exposure: what it really takes to capture an LNG arb.
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