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13 Mar 2015 | 04:46 UTC — Houston
On March 31 , Platts will assess the US Gulf Coast ULSD and No. 2 heating oil (77-grade) for Colonial Pipeline C18 using the NYMEX May ULSD futures contract as the basis.
This basis will be reflected in C18 eWindow instruments as well. On April 1, Colonial Pipeline's C18 for 77-grade will also be assessed against the NYMEX May ULSD futures. Through March 30, Gulf Coast ULSD prompt pipeline and No. 2 heating oil prompt pipeline will be assessed against the NYMEX April ULSD futures contract, which expires before the March 31 Platts Market on Close assessment process ends at 3:15 pm EDT (1915 GMT).
For questions or comments, please email americas_products@platts.com and pricegroup@platts.com.