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- Fuel and Freight Daily Update - 10/6/25
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10/06/2025
Futures Market Settles (Front Month)
All prices reflect end-of-day settlements from October 2nd, 2025
Instrument | Settlement | Change |
|---|---|---|
WTI Future (Nov) | $60.88 | ▲ 0.40 |
Brent Final Day (Dec) | $64.53 | ▲ 0.42 |
RBOB (Nov) | $1.8605 | ▲ 0.0095 |
ULSD (Nov) | $2.2363 | ▼ 0.0072 |
Ethanol CU (Oct) | $1.9925 | ▼ 0.0125 |
Spread | Value | Change |
|---|---|---|
HO/Brent (Dec) | $28.91 | ▼ 0.66 |
RB/Brent (Nov) | $11.66 | ▼ 0.11 |
HO/WTI Crack (Nov) | $33.04 | ▼ 0.70 |
ULSD & Jet Physical Market Settles
Colonial Pipeline Differentials (USGC):
ULSD 62g (C58): -6.40
Jet Fuel 54g (C58): -13.50
OPIS RIN Futures
Type | Price | Change |
|---|---|---|
D6 (Ethanol) | $0.9870 | ▼ 0.0030 |
D4 (Biodiesel) | $1.0225 | ▼ 0.0025 |
D5 (Advanced) | $1.0113 | ▼ 0.0088 |
D3 (Cellulosic) | $2.2700 | ▲ 0.0075 |
Freight Market Summary
• Clean Tankers – The U.S. Gulf remains oversupplied, with prompt tonnage continuing to weigh on rates. Demand into Latin America and the East Coast is steady, but not enough to clear the growing list of open ships. Owners are facing increased pressure, with sentiment trending soft.
• Crude Tankers – VLCCs remain committed to longer routing via the Cape of Good Hope. The persistent detour continues to absorb global capacity, propping up long-haul rate structures even as broader demand indicators stay flat. The market remains structurally tight despite slow fundamentals.
• LNG Shipping – Spot LNG tonnage is limited in the Atlantic Basin. Seasonal weather risks and ongoing vessel delays are keeping the market elevated. Freight rates remain firm, with upside risk if any new chartering demand emerges.
• Market Overview – Across all sectors, geopolitical routing inefficiencies and congestion are supporting rates. However, owners remain cautious, with clean and crude segments showing signs of topping out unless demand improves.
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Disclaimer
This article and its contents are provided by Liquidity Energy, LLC ("The Firm") for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any commodity, futures contract, option contract, or other transaction. Although any statements of fact have been obtained from and are based on sources that the Firm believes to be reliable, we do not guarantee their accuracy, and any such information may be incomplete or condensed.
Commodity trading involves risks, and you should fully understand those risks prior to trading. Liquidity Energy LLC and its affiliates assume no liability for the use of any information contained herein. Neither the information nor any opinion expressed shall be construed as an offer to buy or sell any futures or options on futures contracts. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy. Any opinions expressed herein are subject to change without notice, are that of the individual, and not necessarily the opinion of Liquidity Energy LLC