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 Wednesday (1/14) above 
February NYMEX ULSD futures, reaching at its strongest level in nearly two 
months.

   The product's basis strengthened by 10cts 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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