Platts Jet Fuel

A closer look at Platts jet fuel coverage

  • News & Commentary
  • Prices
Jet Fuel News
Jul 30 2014 11:44:00 EDT

US Atlantic Coast jet fuel production last week reached the highest level in more than two years, Energy Information Administration data released Wednesday showed, while at the same time total US j...

Read the full story...

Jul 29 2014 06:52:00 EDT

The ex-refinery prices at which China National Offshore Oil Corp, PetroChina and Sinopec will supply jet fuel to China National Aviation Fuel in August is expected to fall by about Yuan 41/mt ($6.7...

Read the full story...

Jul 24 2014 06:28:00 EDT
Jul 16 2014 17:35:00 EDT
Jul 14 2014 13:30:00 EDT
Jul 7 2014 06:47:00 EDT
Jun 30 2014 18:15:00 EDT
Jun 20 2014 08:13:00 EDT
Jun 18 2014 07:43:00 EDT
Jun 18 2014 05:33:00 EDT
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: LA up on re-routed cargo

July 28, 2014

The Los Angeles jet fuel differential gained 65 points/gal Monday as a large cargo from Asia en route to Los Angeles was instead diverted to Hawaii over the weekend.

Platts assessed Los Angeles jet at NYMEX September ULSD futures minus 3 cents/gal.

Los Angeles gasoline and diesel markets, especially gasoline, also saw a boost as sources cited three refiners buying and FCC issues at Valero's refinery near San Francisco. Fluid catalytic crackers have little effect on jet fuel, but the differential could be rising in sympathy.

Platts cFlow vessel-tracking software showed that a 500,000-barrel ship halfway from South Korea to its listed destination of Los Angeles instead diverted to Honolulu, with an estimated arrival of August 1.

Sources said the ship was carrying jet fuel for Chevron, which has refineries in Los Angeles and Hawaii.

European tightness eases

European jet price differentials fell Monday amid an expected easing supply tightness over August.

CIF Northwest European cargoes were assessed at a premium of $77.25/mt to front-month ICE gasoil futures, down $3.75/mt.

There remained persistent buying interest for cargoes, with Le Havre in northern France -- one of the region's busiest ingress points -- a particular focus for bids from BP and Morgan Stanley.

The active buying interest for delivered barrels continued to hold cargoes above barges, which over the past week have lacked the demand dynamism seen through June and the earlier part of July.

With traders now firmly focused on August, easing backwardation in the jet complex reflected the improving supply picture for next month.

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