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US distillate prices in free fall amid coronavirus outbreak
Cash prices for US diesel and jet fuel markets have been under heavy pressure since the coronavirus outbreak hit the US.
Jet fuel has seen the worst impact, with prices falling to multiyear lows. Diesel prices have mostly avoided any large drops, but it's unclear how long that will last.
Ellie Valencia, senior pricing specialist for US jet fuel; and Margaret Rogers, senior pricing specialist, US diesel; discuss the markets with Joshua Brown, manager, US distillates and Latin products.
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By S&P Global Energy
4.1
2828 ratings
Cash prices for US diesel and jet fuel markets have been under heavy pressure since the coronavirus outbreak hit the US.
Jet fuel has seen the worst impact, with prices falling to multiyear lows. Diesel prices have mostly avoided any large drops, but it's unclear how long that will last.
Ellie Valencia, senior pricing specialist for US jet fuel; and Margaret Rogers, senior pricing specialist, US diesel; discuss the markets with Joshua Brown, manager, US distillates and Latin products.
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