Fuel and Freight Daily Update - 12/30/25

Liquidity Energy, LLC

In partnership with

12/30/2025

Futures Market Settles (Front Month)

All prices reflect end-of-day settlements from December 26th, 2025

Instrument

Settlement

Change

WTI Future (Feb)

$58.08

▲ 1.34

Brent Final Day (Feb)

$61.94

▲ 1.30

RBOB (Jan)

$1.7152

▲ 0.0181

ULSD (Jan)

$2.1275

▲ 0.0205

Ethanol CU (Dec)

$1.6550

(FLAT)

Spread

Value

Change

HO/Brent (Feb)

$27.63

▼ 0.22

RB/Brent (Feb)

$10.62

▼ 0.45

HO/WTI Crack (Jan)

$31.49

▼ 0.26

ULSD & Jet Physical Market Settles

Colonial Pipeline Differentials (USGC):

  • ULSD 62g (C03): -10.25

  • Jet Fuel 54g (C03): -19.25

Type

Price

Change

D6 (Ethanol)

$1.0598

▼ 0.0112

D4 (Biodiesel)

$1.1100

▼ 0.0130

D5 (Advanced)

$1.1025

▼ 0.0130

D3 (Cellulosic)

$2.3615

▲ 0.0015

Freight Market Summary

Year-end conditions continue to dominate energy and freight markets as liquidity thins and positioning remains cautious across most segments.

On the freight side, the market remains clearly split. Clean-product tanker markets are still under pressure, particularly in the U.S. Gulf, where prompt tonnage continues to outpace limited spot demand. With holiday inactivity lingering and few fresh export stems entering the market, owners are conceding on rates to keep vessels moving. Sentiment remains soft heading into the final days of the year.

Crude tanker markets remain comparatively stable. A meaningful portion of VLCC and Suezmax tonnage is still tied up on long-haul or extended voyages, which continues to restrict effective availability. While spot demand is muted during the holiday period, these structural constraints are helping maintain rate floors on major long-haul routes.

LNG shipping remains the standout. Winter demand continues to absorb vessel availability, especially across the Atlantic Basin. Longer voyage durations and forward chartering are keeping ships committed, allowing owners to retain pricing leverage despite thinner holiday trading.

Outside of tankers, dry bulk and container markets remain quiet and mixed. Excess capacity and uneven global trade flows continue to weigh on rates, with limited seasonal support evident ahead of year-end.

Bottom line: Freight markets remain bifurcated. Crude and LNG continue to benefit from structural tightness and seasonal demand, while clean-product and container segments remain constrained by oversupply and holiday-driven inactivity. Any meaningful shift in momentum likely waits 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.