Distillates:US Gulf bulls on the warpath

摘要

Jet 54 and jet/kero 55 were on the warpath in the US Gulf Coast distillate market on Tuesday.Prices for prompt barrels jumped hard to hit 60 cts/gal over the October NYMEX heating oil contract with only one available/willing offer in the market.That was a 27 ct/gal jump from the previous day.The strong prices were enough to entice the USWC to send a jet cargo to the USGC,a rarity.