USGC ULSD export prices rise to all-time high, jet export prices track higher

Export prices for US Gulf Coast distillates are on the rise, supported by robust arbitrage incentives and surging export volumes. The ULSD USGC waterborne spread to the benchmark Gulf Coast pipe surged by 5.75 cents/gal to 14.25 cents/gal, the highest level since Platts, part of S&P Global Energy, began publishing the assessment in January 2010. …

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