#1
Atlantic Basin Distillates
Drivers
- ARA stocks
- US exports
- Refinery utilization
Atlantic Basin distillate balances remain supportive, with US exports clearing into NWE on a constructive freight backdrop.
Confidence69%
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Energy trade intelligence, netback analytics
and scenario simulation in one platform.
Spot arbitrage windows and chokepoint risks before they close.
NetbackBeacon merges live FRED/EIA benchmarks, AIS vessel flows and geopolitical alerts into one desk-ready screen.
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Market snapshotSample data
- Brent–WTI+3.18$/bbl+0.42
- TTF Front32.45€/MWh-1.10
- JKM Spot13.20$/MMBtu+0.35
- TD3CWS 71AG-China+4 pts
- Hormuz Risk62/100Watch
- RBOB Crack27.8$/bbl-0.6
These figures are sample data used to illustrate the interface. See Data Sources for what is connected today. Data Sources
What NetbackBeacon does
NetbackBeacon brings physical flows, freight economics and geopolitical risk into a single netback view across LNG, refined products and crude, so a trade idea can be priced, compared and stress-tested in one place.
Who it is built for
Trading desks, chartering and freight teams, refinery and LNG optimisation groups, and risk functions that need a transparent, auditable view of route economics.
Core use case
Take a cargo, compare destination netbacks across candidate routes, then replay or simulate how a freight, price or disruption shock changes the ranking versus a fixed baseline.
Today's market story
Daily market narrative
96/100
Confidence score
Physical balances remain tighter than geopolitical headlines suggest. US crude inventories continue to draw while refinery utilization stays elevated. Distillate balances remain the strongest segment and freight costs continue to support Atlantic Basin flows. Brent–WTI at +3.18 keeps US exports competitive while TD3C is +4 WS.
Trade implications
- BullishDistillates
- NeutralCrude
- BullishFreight
- BullishLNG
Internal platform confidence derived from how consistently the underlying signals point in the same direction.Updated: —
Decision support
Top opportunities
Open
#2
Asian LNG
Drivers
- JKM strength
- Seasonal demand
- Shipping conditions
Asia remains the preferred destination for flexible LNG cargoes while JKM strength and seasonal demand persist.
Confidence65%
#3
Middle East Crude
Drivers
- TD3C
- Chinese imports
- Freight conditions
Freight inflation is reducing upside for Middle East crude exporters despite stable Chinese demand.
Confidence45%
Today's signal
Top netback opportunities
Sample dataULSDHigh
USGC → NWE
+$3.42/bbl
Freight softening + ARA stock draw widens window.
LNGMedium
USGC LNG → JKM
+$1.95/MMBtu
Asian premium over TTF holds despite mild EU winter.
Crude (VLCC)Medium
Ras Tanura → Ningbo
+$0.88/bbl
TD3C firming; Chinese refiner buying re-emerging.
Live maps
Global energy flows, in motion
Scenario lab
Featured simulations
Sample dataHormuz 30-day disruption
Models tanker re-routing, MEG export loss and Brent / freight repricing under closure scenarios.
Geopolitical · Crude / LNG
EU heating-degree shock
Cold spell pulls TTF, opens Atlantic basin LNG arbitrage and tightens distillate cracks.
Demand · LNG / Gasoil
Panama drought re-route
USGC product flows shift Cape vs. Suez routing, freight indices and Asian deliveries.
Logistics · Freight
Latest
Geopolitical intelligence
Sample dataStrait of Hormuz: rising naval friction
Tanker insurers reprice MEG hull premiums; charterers preposition tonnage west of Fujairah.
Sample brief · 2026-08-18
Red Sea convoys reshape Suez throughput
AIS proxies suggest tanker traffic recovering, but container diversions persist.
Sample brief · 2026-08-17
Russian product caps and shadow fleet
Replacement tonnage tightens clean Aframax availability into the Med.
Sample brief · 2026-08-14
Reading
Market intelligence articles
Sample dataWhy USGC ULSD keeps clearing into NWE
Refinery turnarounds and weak diesel cracks in Asia keep transatlantic flows the path of least resistance.
Distillates · 6 min read
JKM premium: structural or cyclical?
Disentangling weather, contracted volumes and corridor freight in the post-2022 LNG market.
LNG · 8 min read
Reading the TD3C: what charterers see first
A practical guide to using AG-China VLCC rates as an early arbitrage signal.
Freight · 5 min read