Distillate watch: key distillate price

Diesel Fuel News, August 19, 2002

Distillate Watch

Key Distillate Prices ($/Gal)

August 15, 2002

                 Low Sulfur  High Sulfur

New York

Spot                   0.72         0.70
Rack No. 2             0.75         0.72
Rack No. 1             0.81          n/a

Houston

Spot                   0.70         0.67
Rack No. 2             0.71         0.69
Rack No. 1             0.81          n/a

Chicago

Spot                   0.76         0.76
Rack No. 2             0.75         0.72
Rack No. 1             0.81          n/a

Singapore

Spot                    n/a         0.66

Futures Markets

NYMEX (Sep)             n/a         0.73
IPE (Sep)               n/a         0.69

Los Angeles            CARB      Federal

Spot                   0.81         0.76
Rack                   0.86          n/a

Rotterdam              ULSD   Low Sulfur

Spot                   0.74         0.70

Note: Sulfur levels in New York, Chicago, Houston are low-sulfur
distillate for 0.05 wt% and for high-sulfur 0.3 wt%. Both sulfure levels
are 0.05 wt% in Los Angeles. Sulfur levels in Rotterdam and Singapore
are 0.1 wt% and 0.3% for low and high, respectively.

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