- Fuel and Freight Daily Report
- Posts
- Fuel and Freight Daily Update - 8/16/25
10/02/2025
Futures Market Settles (Front Month)
All prices reflect end-of-day settlements from August 18th, 2025
Instrument | Price | Change |
|---|---|---|
WTI Future (Sept) | $62.80 | ▼ 1.16 |
Brent Final Day (Oct) | $65.85 | ▼ 0.99 |
RBOB (Sept) | $2.0725 | ▼ 0.0367 |
ULSD (Sept) | $2.225 | ▼ 0.0095 |
Ethanol CU (Sept) | $1.7575 | ▲ 0.0325 |
Crack Spreads
Spread | Value | Change |
|---|---|---|
HO/Brent (Sept) | $28.021 | ▲ 0.403 |
RB/Brent (Sept) | $14.883 | ▼ 0.496 |
HO/WTI Crack (Sept) | $30.65 | ▲ 0.76 |
ULSD & Jet Physical Market Settles
Colonial Pipeline Differentials (USGC):
ULSD 62g (C48): -7.30
Jet Fuel 54g (C48): -22.00
OPIS RIN Futures
D6 (Ethanol) | $1.0950 | ▲ 0.0225 |
D4 (Biodiesel) | $1.1599 | ▲ 0.0284 |
D5 (Advanced) | $1.1450 | ▼ 0.0100 |
D3 (Cellulosic) | $2.1950 | ▼ 0.0050 |
Freight Market Summary
Clean Tankers
The U.S. Gulf continues to see ample clean tanker availability, but steady demand from Latin America and the U.S. East Coast is keeping rates stable. Risk premiums remain embedded in voyage planning, cushioning the downside despite excess tonnage.
Crude Tankers
VLCCs continue to bypass high-risk transit zones, favoring longer voyages around the Cape of Good Hope. This detour sustains tightness in global capacity, keeping long-haul Middle East–Asia routes firm and ensuring a built-in risk premium in crude tanker pricing.
LNG Shipping
Atlantic Basin LNG flows remain steady, with weather-related risks and extended routes keeping tonnage supply constrained. Spot rates are firm, supported by ongoing vessel tightness and the continued drag of longer voyage times.
Routing & Geopolitics
Across segments, extended detours and geopolitical uncertainty remain the key drivers. Tonnage absorption from longer voyages has created a structural floor under freight rates, leaving the market balanced but vulnerable to any sudden swings in demand.
Enjoyed this article?
Subscribe to never miss an issue. Daily updates provide a comprehensive analysis of both the fundamentals and technical factors driving energy markets.
Click below to view our other newsletters on our website:
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