Group 3 Jet Fuel Basis Jumps Near 2-Mo High
1/14 4:52 PM
Group 3 Jet Fuel Basis Jumps Near 2-Mo High Miguel E. Andujar DTN Refined Fuels Market Reporter DAVENPORT, FL (DTN) -- Group 3 Jet Fuel basis jumped by over 5cts Wednesday (1/14) above February NYMEX ULSD futures, reaching at its strongest level in nearly two months. The product's basis strengthened on the day, after a trade was confirmed at a 13ct discount to February futures, the strongest level reported since November 26, 2025. The uptick in Group 3 jet fuel basis was not reflected across the broader Midwest, as Chicago jet fuel values held steady at a 28cts discount to February NYMEX ULSD futures, signaling that strength remained localized rather than regionwide. (c) Copyright 2026 DTN, LLC. All rights reserved.