USGC Weekly: Jet Fuel Drops 18.46cts Amid Stock Builds
11/02 8:26 AM
USGC Weekly: Jet Fuel Drops 18.46cts Amid Stock Builds Miguel E. Andujar DTN Refined Fuels Market Reporter DAVENPORT, FL (DTN) - U.S. Gulf Coast (USGC) spot prices for jet fuel, ultra-low sulfur diesel (ULSD) and conventional gasoline declined during the week ended October 30, with jet fuel posting the steepest drop. USGC jet fuel prices fell 18.46cts, or 4.00%, to $4.4291 gallon from $4.6137 gallon the previous week, DTN spot pricing data showed. The drop came after the U.S. Energy Information Administration (EIA) reported that PADD 3 jet fuel supplies rose by 800,000 bbl to 14.6 million bbl as regional refinery utilization fell to 94.9% from 95.9%. Gulf Coast ULSD declined 8.56cts, or 1.81%, to $4.6391 gallon, while conventional blendstock for oxygenate blending (CBOB) edged down 2.93cts, or 0.98%, to $2.9423 gallon. Despite the weekly declines, ULSD prices remained 100.30% above the $2.3161 gallon reported October 31, 2025. Jet fuel was 96.97% higher than a year earlier, while CBOB increased 64.07%. Distillate inventories declined by 1 million bbl to 43.4 million bbl, partially reversing the previous week's 2.3 million bbl increase, according to the EIA report for the week ended October 23. Gasoline inventories increased by 2.6 million bbl to 79.8 million bbl during the week ended October 23, reaching their highest levels since mid-August and standing 1.4 million bbl above the comparable week of 2025. Gulf Coast refinery disruptions for the week included an October 27 shutdown of the diesel desulfurization unit at Flint Hills Resources' Corpus Christi West refinery, while Marathon Petroleum's Galveston Bay refinery reported intermittent flaring at its FCCU3 on October 26, following an October 22 coker compressor trip. Separately, Valero's Port Arthur refinery reportedly restarted its 265,000-bpd crude and 172,000-bpd vacuum distillation units following earlier outages. (c) Copyright 2026 DTN, LLC. All rights reserved.
 
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