BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

Platts Jet Fuel

A closer look at Platts jet fuel coverage

US Northwest products climb on bad weather, pipeline issue, refinery bid

Houston — US Pacific Northwest jet fuel and gasoline found support Friday on three fronts -- a storm that slowed barge traffic, knock-on impact from a recent shutdown to the region's busiest pipeline, and a refinery bid.

Maintenance on the Olympic Pipeline ended Thursday night, according to an official familiar with pipeline operations. The 400-mile pipeline system carries refined products from Puget Sound to Oregon and Washington locations.

Barge traffic of fuel for inland Washington and Oregon was disrupted by storms Thursday and Friday both at refineries at Puget Sound and further south.

Astoria, Oregon, at the mouth of the Columbia River was under a high wind warning until Friday night Pacific time, with gusts up to 65 mph, the National Weather Service said Friday.

Oilgram News

Platts Oilgram News brings fast-breaking global petroleum and natural gas news every day covering supply and demand trends, corporate news, government actions, exploration, technology, and much more. Click on the link below and we will set you up with a free trial.

Free Trial

"The barge and ship traffic has slowed down," a US light ends source said. "Gale warnings are in effect."

Prompt suboctane on the Olympic system rose 32 cents to NYMEX January RBOB plus 47 cents/gal, a two-month high. The blendstock went 50 cents above futures in early October when a natural gas pipeline fire cut off supplies to regional refineries.

Also Friday, S&P Global Platts assessed jet fuel in Seattle at the NYMEX January ULSD futures contract plus 4.25 cents/gal, up 3.75 cents day on day. The move came after there was a bid heard during the day at the NYMEX January ULSD contract plus 4 cents/gal.

The Seattle jet differential was assessed at futures 0.50 cent/gal for the past two trading sessions and averaged futures plus 1.30 cents/gal thus far in December, excluding Friday.

The high bid is result of a delayed reaction to the Olympic Pipeline shutdown, which came because of a complication during planned maintenance.

"It could be that BP is short," said a jet fuel trader. "I'm not sure who can supply them as any other Olympic pipe shipper would be in the same position."

A BP trader did not respond for comment.

--Jeffrey Bair, jeffrey.bair@spglobal.com

--Arsalan Syed, arsalan.syed@spglobal.com

--Edited by Valarie Jackson, valarie.jackson@spglobal.com