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LA Jet Fuel Price Hits Eight-Month Low: Platts

JET FUEL

Los Angeles jet fuel fell to a near eight-month low Dec. 14 amid a contango market structure, amid rising imports to the US West Coast, according to Platts.

  • US West Coast jet fuel for the LA pipeline was assessed at NYMEX Jan ULSD minus 17.5 cents/gal Dec. 14, the lowest since April 19.
  • The USWC imported over 1m bbl of jet fuel this week, almost double the imports from the previous week, according to Platts data.
  • Regional inventories also rose 124k bbl in the week to Dec. 8, according to EIA data.

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