Nymex November heating oil (gas-oil) traded around US$1.78 per gallon (/gal), but Nymex November ultra-low sulfur diesel (ULSD) was stronger at $1.86/gal. Spot ULSD in New York was weaker than futures, however, at about $1.83.Jack PeckhamDiesel Fuel News...
Results suggest diesel fuel prices forecasted using the crude oil or heating oil futures market are reasonably accurate, and that this approach is superior to using a historical average. Based on out-of-sample price predictions, producers could profitably use crude oil futures-based models to make...
Fuel Futures: Diesel Will Spike on IMO2020© bluedesign/Adobe Stock New marine fuel rules to boost diesel prices for at least a year -analysts Global prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulfur marine fuels, and remain ...
Market Research Studies Low Carbon Fuels 2040: The Emerging Marketsprovides detailed case studies of renewable diesel and sustainable aviation fuel (SAF) producers, including a comprehensive set of forecasts for markets, feedstocks, and technologies for the deployment of renewable diesel & SAF to the ...
Rising airline travel has buoyed jet fuel prices in most US regions. Los Angeles jet fuel at the US west coast fetched a 90¢/USG premium to Nymex diesel futures on 22 November, notching the widest such premium sinceArgusbegan recording Los Angeles jet prices in April 2003. Subsequently, ...
The prices are for at least 5,000 barrel batches shipping any time during a named month, with differentials assessed against Nymex ultra low sulphur diesel (ULSD) futures and California Air Resources Board ULSD plus costs levied on the diesel fuel position holder at the terminal...
Current oil prices are above the futures price, implying that the market has tightened, Forbes’ Lynch explained. Some analysts from the Wall Street Journal andBloombergreported that the market has tightened as a result of the efforts of the Organization of the Petroleum Exporting Countries and its...
cause refiners to seek out lower sulfur and lighter crudes to process fuel to help their production get closer to meeting the new sulfur limits on marine and bunker fuels. However, a lot remains up in the air about what the new regulation will mean for the Gulf Coast distillate market. ...
Support in 2025.Distillate fuels like diesel and gasoil have a range of uses, including as a motor fuel, for heating and powering factories. But a shift in global car and truck fleets to cleaner or renewable fuels, particularly in China, has slashed demand. ...
The actual fuel that is produced in a refinery is priced at a premium or discount to that futures market. That so-calledspot priceis then used to derive the value that wholesalers pay at one of some 400rack marketsacross the United States. The rack price then influences the price paid by...