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.
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