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US West Coast distillate prices jumped to multimonth highs on February 7 after unplanned flaring at the region's largest refinery and strong export demand into Latin America. Los Angeles jet fuel rose to a two-month high premium, and Los Angeles ULSD reached its highest level since late November.
Platts estimated nearly a fifth of West Coast refining capacity could be disrupted.
A disruption to nearly a fifth of West Coast refining capacity tightens regional diesel supply and lifts fuel costs for western freight. Strong export pull into Latin America adds further upward pressure.
spglobal.com7 Feb 2024Setelah 113 peristiwa logistik bullish sebelumnya, ULSD / Solar bergerak median +0,6% selama 5 sesi (54% lebih tinggi; separuh tengah -2,8% sampai +4,2%), dan +0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
