Correction: NYH Jet fuel Basis Climbs 14.25cts on Active T
2/27 4:59 PM
Correction: NYH Jet fuel Basis Climbs 14.25cts on Active Trading
Maria Eugenia Garcia
DTN Energy Editor
The basis and price changes have been corrected due to a data entry error.
HOUSTON, TX (DTN) -- The New York Harbor jet fuel spot basis rose 14.25cts
on Friday to an 8.50cts discount to April ULSD futures on NYMEX, driven by spot
trades confirmed at that level despite ample supply and weak demand
fundamentals.
Energy Information Administration this week reported jet fuel inventory for
East Coast PADD 1 increased by 100,000 bbl to 9.5 million bbl in the week
ending February 20 and were below 10.5 million bbl in the same week last year
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