Platts launches Buckeye Pipeline ULSHO assessment beginning Nov. 3

Platts, part of S&P Global Commodity Insights, has launched a new assessment for US Atlantic Coast Buckeye Pipeline (BPL) ultra-low sulfur heating oil, beginning Nov. 3, 2025.

The launch follows a proposal note published Sept. 17, which opened a period of feedback gathering and can be found here. A decision note was published on Oct. 7 and can be found here.

This new assessment will complement existing Platts ULSHO assessments, consisting of the New York Harbor ULSHO barge and the Colonial Pipeline ULSHO at Linden, New Jersey. It also complements the existing ULSHO USAC BPL front-end, mid-window and back-end instruments available in the Platts eWindow.

The assessment will reflect barrels loading onto BPL four to eight days forward, Monday and Tuesday of each week, and six to 10 days forward, Wednesday through Friday, mirroring the laycans for BPL ultra-low sulfur diesel assessments and eWindow instruments.

Platts understands that ULSHO barge and ULSHO BPL may often trade at parity, but a spread can and does occur during periods of strong liquidity and volatility. Platts regularly published bids, offers, and trades for BPL ULSHO heard in the market, in addition to positions entered using the eWindow instruments.

These appear under the following codes:

These assessments are listed on PGA pages 154, 24, 482, 410,

appear on PGA pages 154, 24, 482, 410 and 411, as well as in US Marketscan, Oilgram Price Report, and Platts Connect.

Please send comments 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.