Distillate Watch

Diesel Fuel News, Oct 1, 2001

DISTILLATE WATCH
Key Distillate Prices ($/Gal)
September 27, 2001
               Low Sulfur  High Sulfur
New York
Spot                 0.66         0.65
Rack No. 2           0.70         0.68
Rack No. 1           0.83         0.00
Futures (Oct)        0.00         0.77
Houston
Spot                 0.64         0.63
Rack No. 2           0.66         0.63
Rack No. 1           0.75         0.00
Chicago
Spot                 0.84         0.84
Rack No. 2           0.82         0.81
Rack No. 1           0.95         0.00
Los Angeles          CARB      Federal
Spot                 0.66         0.71
Rack                 0.68         0.72
Rotterdam
Spot                 0.70         0.65
IPE Futures          0.00         0.65
Singapore
Spot                 0.00         0.61
Note: Sulfur levels in New York, Chicago, Houston are low-sulfur
distillate for 0.05 wt% and for high-sulfur 0.3 wt%. Both sulfur
levels are 0.05 wt% in Los Angeles. Sulfur levels in Rotterdam and
Singapore are 0.1 wt% and 0.3 wt% for low and high, respectively.

[Graph omitted]