The period between Christmas and New Years is historically a calm one in the fuel markets. Traders tend to balance out positions, end user demand dips with time of and holidays, and markets have reduced sessions. There is still plenty of movement, just more in a tighter range. Especially after touching major support levels on ULSD in the $2.11 range after collapsing over $.50 in a month. The ongoing Russian-Ukrainian peace deal is still lurking over the complex as we try to figure out how it will affect pricing. We all recall the spike that occurred when the invasion started, and it has been my assessment that any risk premium is already factored in to pricing. Both to the upside and downside. A deal could send pricing lower as Russian product is allowed back into an already somewhat over supplied Crude market yet constrained refined market. And does that deal immediately resolve our Venezuelan position? Keep an eye on interest rates and the US dollar value over the next several weeks as these will likely be the true source of market movements. The vision of hindsight is perfect and on this final day of 2025, I want to say Thank You. To the new relationships gained and long term ones maintained. Thank You for your business and the opportunity to serve.