Platts to publish additional US gasoline, distillate differentials

S&P Global Platts proposes publishing differentials for 45 additional US gasoline and distillate products versus their relevant prevailing futures contracts from September 1, 2020, in order to bring greater transparency to the assessed markets.

Gasoline and distillates in the physical oil market in the US typically trade on a differential basis to the relevant futures contracts. Platts would publish these differentials alongside the outright price assessments Platts already publishes for these markets. No changes are proposed to the existing assessments Platts publishes in these markets.

Platts would publish the differentials versus the same futures contract month that forms the basis of the existing outright price assessments. Rollover dates for the basis month follow pipeline schedules and industry standards, depending on the region.

On the US Gulf Coast, rollover dates would align with Colonial Pipeline's cycle schedule, while in Chicago, rollover dates will align with the Explorer Pipeline's cycle schedule and roll over on the 25th of each month or the following business day. Atlantic Coast and Group 3 rollover dates will be the last trading day of the month.

The differentials that Platts proposes to publish are as follows:

USAC New York Barge 87 Unleaded Differential

USAC New York Barge 93 Unleaded Differential

USAC New York Barge Premium CBOB Differential

USAC New York Barge Premium RBOB Differential

Barge Low Sulfur Jet/Kerosene Differential

Barge Ultra Low Sulfur Kerosene Differential

Buckeye Pipeline Premium CBOB Differential

Buckeye Pipeline Premium RBOB Differential

Low Sulfur Jet Kero Buckeye Pipeline Differential

Laurel Pipeline CBOB Differential

Laurel Pipeline Premium CBOB Differential

Laurel Pipeline Premium RBOB Differential

Laurel Pipeline RBOB Differential

Colonial Pipeline Linden Jet Fuel Differential

Colonial Pipeline Linden Ultra Low Sulfur Heating Oil Differential

Gasoline CBOB PA Buckeye Pipeline Differential

Gasoline RBOB PA Buckeye Pipeline Differential

Gulf Coast Jet Fuel 55 Pipeline Differential

Gulf Coast Jet Fuel Ultra Low Sulfur Kero Pipeline Differential

Gulf Coast unleaded 93 differential

Gulf Coast CBOB 93 differential

Gulf Coast RBOB 91.4 differential

Chicago PBOB Differential

Chicago Unleaded 87 Differential

Chicago Premium 91 Differential

Group 3 Unleaded 91 Differential

AZRBOB 84 Differential

AZRBOB 88.5 Differential

Los Angeles 84 Unleaded Differential

Los Angeles 90 Unleaded Differential

Los Angeles CARBOB 88.5 Differential

Portland 84 Differential

Portland 90 Differential

Portland Ultra Low Sulfur (EPA) Diesel Differential

San Francisco 84 Unleaded Differential

San Francisco 90 Unleaded Differential

San Francisco CARB Diesel Differential

San Francisco CARBOB 84 Differential

San Francisco CARBOB 88.5 Differential

San Francisco Jet Differential

San Francisco Ultra Low Sulfur (EPA) Diesel Differential

Seattle 84 Differential

Seattle 90 Differential

Seattle Jet Differential

Seattle Ultra Low Sulfur (EPA) Diesel Differential

Please send any feedback by July 31 to americas_products@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.