USGC Weekly: Jet Fuel Rises Nearly 10%, ULSD Up 7%


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- U.S. Gulf Coast (USGC) refined-product spot prices 
climbed during the week ended September 11, led by a nearly 10% increase in jet 
fuel, while ULSD and CBOB regular also strengthened. The rally was supported by 
refinery utilization near full capacity and a drawdown in regional distillate 
inventories.

   Jet fuel averaged $4.4287 gallon, up 39.91cts, or 9.91%, from the previous 
week. The weekly average was $2.4559, or 117.23%, above the $2.0950 gallon 
recorded during the comparable week in 2025, DTN data showed.

   The Energy Information Administration reported Thursday (9/10) that PADD 3 
jet fuel inventories rebounded by 1.3 million bbl to 15.6 million bbl during 
the week ended September 4 after reaching a three-month low of 14.3 million bbl 
the previous week. Stocks were 2.4 million bbl above the 13.2 million bbl 
reported during the same week of the previous year. No jet fuel imports were 
reported.

   ULSD at the Houston origin of the Colonial Pipeline averaged $4.8446 gallon, 
rising 31.26cts, or 6.90%, from the previous week. Prices stood $2.7349, or 
122.72%, above the $2.2285 gallon recorded during the comparable week in 2025.

   Gulf Coast distillate inventories fell by 200,000 bbl to 42.5 million bbl 
after increasing by 3.1 million bbl the prior week. Stockpiles remained 1.7 
million bbl below the 44.2 million bbl reported during the same week of the 
previous year. PADD 3, a net exporter of distillate fuel, reported no imports 
during the week.

   CBOB regular increased 15.84cts, or 5.08%, to average $3.2776 gallon. The 
weekly average was $1.3613, or 70.79%, above the $1.9229 gallon recorded during 
the comparable week in 2025.

   Motor gasoline inventories increased by 1.1 million bbl to 77.3 million bbl, 
reversing the previous week's 1 million bbl decline. Supplies remained at 4.6 
million bbl below the 81.9 million bbl reported during the same week of the 
previous year. Gasoline imports fell to 8,000 bpd from 36,000 bpd.

   PADD 3 crude oil inventories rose by 2.4 million bbl to 247.5 million bbl, 
while imports climbed to 1.993 million bpd from 1.721 million bpd. Refinery 
utilization increased to 98.3% from 97.7%, with crude oil inputs rising to 
9.730 million bpd from 9.600 million bpd.

   Several refinery events were reported during the week. PEMEX's Deer Park 
refinery experienced flaring Sunday (9/6) after storms caused a power loss that 
affected compressors, while ExxonMobil's Baytown refinery reported an emissions 
event Tuesday (9/8). Valero also began five days of scheduled maintenance 
Thursday (9/10) at its 200,000 bpd McKee refinery involving the FCCU and 
hydrocracking-related equipment, with work scheduled through Tuesday (9/15). No 
prolonged refinery outages were reported across the Gulf Coast during the week.

    

    




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