- Fuel and Freight Daily Report
- Posts
- Fuel and Freight Daily Update - 12/29/25
In partnership with
12/29/2025
Futures Market Settles (Front Month)
All prices reflect end-of-day settlements from December 26th, 2025
Instrument | Settlement | Change |
|---|---|---|
WTI Future (Feb) | $56.74 | ▼ 1.61 |
Brent Final Day (Feb) | $60.64 | ▼ 1.60 |
RBOB (Jan) | $1.6971 | ▼ 0.0500 |
ULSD (Jan) | $2.1070 | ▼ 0.0506 |
Ethanol CU (Dec) | $1.6550 | (FLAT) |
Spread | Value | Change |
|---|---|---|
HO/Brent (Feb) | $27.85 | ▼ 0.37 |
RB/Brent (Feb) | $11.07 | ▼ 0.36 |
HO/WTI Crack (Jan) | $31.75 | ▼ 0.36 |
ULSD & Jet Physical Market Settles
Colonial Pipeline Differentials (USGC):
ULSD 62g (C02): -11.00
Jet Fuel 54g (C03): -20.50
Type | Price | Change |
|---|---|---|
D6 (Ethanol) | $1.0710 | ▲ 0.0085 |
D4 (Biodiesel) | $1.1280 | ▲ 0.0130 |
D5 (Advanced) | $1.1155 | ▲ 0.0185 |
D3 (Cellulosic) | $2.3600 | ▲ 0.0135 |
Freight Market Summary
Clean Tankers:
Clean-product tanker markets remain under pressure as year-end inactivity peaks. U.S. Gulf tonnage lists remain long, and spot cargo availability is limited. Owners continue to accept discounted rates to maintain utilization, with little improvement expected until post-holiday export programs re-emerge.
Crude Tankers:
Crude freight remains steady with underlying support. A significant portion of VLCC and Suezmax tonnage is still tied up on long-haul or extended voyages, limiting prompt availability. While spot demand is muted during the holiday period, these structural constraints continue to support rate floors across key long-haul routes.
LNG Shipping:
LNG freight remains firm despite thinner holiday trading. Winter demand continues to absorb vessel availability, particularly in the Atlantic Basin. Longer voyage durations and forward commitments are keeping ships occupied, allowing owners to maintain leverage in negotiations.
Dry Bulk & General Freight:
Dry-bulk markets are quiet but stable in core commodity corridors. Container and general cargo segments remain pressured by excess capacity and uneven trade flows. Seasonal slowdowns are capping any near-term upside across most lanes.
Overall Outlook:
Freight markets remain clearly divided. Crude and LNG shipping continue to benefit from structural tightness and seasonal demand, while clean-product and container markets struggle under oversupply and year-end inactivity. Meaningful shifts in market direction are likely to wait until early-January trading resumes.
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
Do red cars cost more to insure?
You may have heard the myth that red cars cost more to insure, often with varying reasons why. The truth is, the color of your car has nothing to do with your premium. Insurance companies are more interested in your vehicle’s make, model, age, safety features, and your driving history. What’s not a myth, though — is that people really can save a ton of money by switching insurers. Check out Money’s car insurance tool to see if you could, too.