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09 Apr 2015 | 04:33 UTC — Houston
(Correcting US Gulf Coast ULSD to 62 grade)
On April 30, 2015, Platts will assess the US Gulf Coast ULSD (62 grade), jet fuel (54 grade) and No. 2 heating oil (77 grade) for Colonial Pipeline C24 using the NYMEX June ULSD futures contract as the basis.
This basis will be reflected in C24 eWindow instruments as well. On May 1, Colonial Pipeline's C24 for 62 grade and 77 grade will also be assessed against the NYMEX June ULSD futures. Through April 29, Gulf Coast ULSD prompt pipeline and No. 2 heating oil prompt pipeline will be assessed against the NYMEX May ULSD futures contract, which expires before the April 30 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.