Explainers
Freight · 4 min read
What is TD3C?
The benchmark VLCC route from the Arabian Gulf to China — and why charterers watch it like an oil-price signal.
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Explainers
Refining · 5 min read
What is a crack spread?
How refiners' margins are quoted, hedged and read — including 3-2-1, gasoil and jet variants.
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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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