20 years of physical refined products trading - building and running multi-billion-dollar books in gasoline, diesel, jet, naphtha and fuel oil for supermajors and top trading houses. I live in the real world of buying cargoes from refineries, arbitraging CFO/ CIF, blending to spec, fixing vessels, managing demurrage and quality risk, and delivering molecules profitably in every market cycle. Now advising refiners, traders and investors on physical supply chains, margins and the shift to biofuels/SAF.