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Platts Jet Fuel

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California jet fuel stocks grow despite lagging production: CEC

Houston (Platts)--1Mar2018/949 am EST/1449 GMT


California jet fuel inventories rose despite lower production rates during the week ended February 23, California Energy Commission data showed Thursday.

California jet fuel stocks rose 1.2% on the week and 21.3% on the year to 3.47 million barrels.

Statewide jet production fell 2.3% on the week, but rose 14.6% on the year, to 2.04 million barrels.

S&P Global Platts Wednesday assessed Los Angeles jet fuel at the NYMEX April ULSD futures plus 2.50 cents/gal, unchanged from Tuesday.

Crude oil refinery input in the state rose 1.3% to 11.29 million barrels, a rise of 4.7% year on year, CEC said.

--Daron Jones, daron.jones@spglobal.com
--Edited by Jonathan Dart, jonathan.dart@spglobal.com

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