Platts Jet Fuel

A closer look at Platts jet fuel coverage

  • News & Commentary
  • Prices
Jet Fuel News
Mar 2 2015 09:37:00 EST

China will deepen reform of domestic jet fuel pricing, allowing state-owned oil companies to be more active in setting the price of the fuel. The National Development and Reform Com...

Read the full story...

Feb 27 2015 04:52:00 EST

China's three major jet fuel suppliers are expected to lift their ex-refinery prices by around $51/mt in March from February, after eight consecutive months of decline, according to Platts calcula...

Read the full story...

Feb 20 2015 06:06:00 EST
Feb 17 2015 07:08:00 EST
Feb 13 2015 07:51:00 EST
Feb 12 2015 06:40:00 EST
Feb 11 2015 11:35:00 EST
Feb 10 2015 07:13:00 EST
Feb 6 2015 09:17:00 EST
Feb 5 2015 11:13:00 EST
Follow our Jet Fuel news, delivered by a team of dedicated journalists around the clock, on a real-time basis with Platts.
Market Commentary

Jet: NYH jets blending boost

March 2, 2015

New York Harbor jet fuel jumped 5.75 cents Monday on talk of increased demand for blending purposes.

Platts assessed New York Harbor barges at NYMEX April ULSD plus 2.50 cents/gal Monday or $1.9181/gal on the outright.

Sources said that jet fuel demand could be for blending to create low sulfur heating oil, which contains a maximum of 500 ppm sulfur.

Atlantic Coast inventories of low sulfur heating oil, which has a maximum sulfur content of 500 ppm, fell 121,000 barrels the week ended February 20 to 3.06 million barrels, a five-month low according to data from the Energy Information Administration.

The Gulf Coast jet fuel market moved up as well Monday, likely responding to the strength in New York Harbor according to sources.

Platts assessed the USGC jet fuel differential at NYMEX April ULSD minus 14.50 cents/gal on or an outright $1.7481/gal.

Despite gains in the Gulf Coast, the up-down, the spread between USGC and NYH jet fuel, widened Monday 4.50 cents to reach 17 cents/gal. Cost to ship jet fuel up the Colonial Pipeline from the Gulf Coast to New York Harbor costs roughly 4.50 cents/gal.

On the West Coast, the Los Angeles jet fuel differential fell 1 cent Monday.

Platts assessed Los Angeles jet fuel differential at NYMEX April ULSD futures contract minus 1.25 cents/gal or an outright $1.8806/gal.

Ginny, a Panamax heard carrying jet fuel, was set to arrive in Los Angeles over the weekend but was still seen on its way Monday, according to Platts cFlow ship-tracking software.

Gulf Cobalt, another ship heard carrying jet fuel, was rerouted to Honolulu, Hawaii after being seen headed for San Francisco last week, according to cFlow.

Make sense of what is moving the market and why with daily market commentary.

Jet Market Trend Jet, FOB Rotterdam Barge

Jet/Kero, FOB Singapore Cargo

Jet 54, FOB USG Pipeline

Receive end-of-day price assessments at your desktop with Platts Market Data

© 2015 Platts, McGraw Hill Financial. All rights reserved.