Houston — Jet fuel differentials on the US Atlantic Coast climbed to their highest levels in 16 months Monday as stock levels in the region continue to sag.
¿No está registrado?
Reciba alertas diarias y avisos para suscriptores por correo electrónico; personalice su experiencia.Registro
S&P Global Platts assessed jet barrels on Buckeye Pipeline in New York Harbor at the NYMEX February ULSD futures contract plus 13 cents/gal. That was up 4 cents from Friday and highest since it reached plus 14.50 cents/gal on September 7, 2017.
USAC jet fuel inventories fell 656,000 barrels to 8.29 million barrels, according to the latest US Energy Information Administration data. That was down just over a million barrels from the same period last year.
"I'm having trouble finding sellers," a USAC distillates broker said.
--Daron Jones, firstname.lastname@example.org
--Edited by Richard Rubin, email@example.com
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