13 Jun 2016 | 02:31 UTC — Houston

SUBSCRIBER NOTE: USGC distillates to be assessed vs NYMEX August ULSD on June 30

On June 30, 2016, Platts will assess the US Gulf Coast ULSD (62 grade), jet fuel (54 grade) and No. 2 heating oil (77 grade) for Colonial Pipeline C36 using the NYMEX August ULSD futures contract as the basis.

This basis will be reflected in C36 eWindow instruments as well. Starting on July 1, all Colonial Pipeline C36 markets for 62 grade and 77 grade will also be assessed against the NYMEX August ULSD futures.

Through June 29, Gulf Coast ULSD prompt pipeline, jet fuel and No. 2 heating oil prompt pipeline will be assessed against the NYMEX July ULSD futures contract, which expires before the June 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.