14 May 2015 | 02:57 UTC — Houston

SUBSCRIBER NOTE: USGC distillates to be assessed vs NYMEX July ULSD futures on May 29

On May 29, 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 C30 using the NYMEX July ULSD futures contract as the basis.

This basis will be reflected in C30 eWindow instruments as well. On June 1, Colonial Pipeline's C30 for 62 grade and 77 grade will also be assessed against the NYMEX July ULSD futures. Through May 28, Gulf Coast ULSD prompt pipeline and No. 2 heating oil prompt pipeline will be assessed against the NYMEX June ULSD futures contract, which expires before the May 29 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.