MARKETWIRE ALERTS

MARKETWIRE ALERTS 

MarketWire Afternoon News for February 17th:

Updated at 5:00 PM ET 

HEADLINES:

— Houston Jet Fuel Basis Surges on Active Trading

— API Inventory Data to be Published on February 18

— EIA: Weekly Fuel Update to be Published Feb. 18

— EIA: U.S. Waterborne Refined Exports Up 10% YoY in January

— PBF Torrance Refinery Reports Flaring Tied to 2026 Turnaround

— DTN Launches Fuel Operations Hub

— Sunoco Q4 Fuel Income Up 73% on Parkland Deal

NEWS:

Houston Jet Fuel Basis Surges on Active Trading

Basis for jet fuel at the Houston origin of the Colonial Pipeline in the Gulf Coast spot market surged Tuesday (2/17) on firm trading activity. defying abundant supplies and weak demand fundamentals.

Jet fuel basis rose by 5.5cts to a 16cts discount against March ULSD futures contract on the New York Mercantile Exchange.

Bids for jet fuel in the USGC market were heard talked on the day at minus 17.25cts against the front-month NYMEX ULSD futures contract while offers were at minus 16cts versus the same benchmark. Those levels were above the 21.50cts discount traded on Friday (2/13) for cycle 11 pipeline movement on the Colonial.

Jet fuel basis strength in the U.S. Gulf Coast was attributed to the expectation of tight supplies driven by the Spring refinery maintenance season, which typically occurs between February and March ahead of peak summer driving demand.

API Inventory Data to be Published on February 18

The American Petroleum Institute’s weekly inventory data on crude oil, gasoline and distillates — typically published on Tuesdays — will instead be released Wednesday this week due to the President’s Day holiday, market participants familiar with the matter told DTN.

EIA: Weekly Fuel Update to be Published Feb. 18

The U.S. Energy Information Administration’s weekly Gasoline and Diesel Fuel Update, typically published on Tuesdays, will run on Wednesday this week due to the President’s Day holiday on Monday.

Data for the report will be gathered today (2/17) and published tomorrow (2/18), the EIA’s website indicated.

EIA: U.S. Waterborne Refined Exports Up 10% YoY in January

U.S. exports of refined petroleum products on clean tankers grew by about 10% year-on-year in January to 6.3 million bpd, driven by higher demand for diesel, gasoline and liquefied petroleum gases as inventories remained robust.

Total petroleum product exports, including heavier refined fuels, averaged 7 million bpd last month, up by about 8%, or 540,000 bpd, from levels seen a year ago.

Diesel exports to Europe more than doubled year-on-year to 396,000 bpd in January as the region faced heating needs and supply constraints. Structural challenges in the European market supported these higher volumes, which pushed U.S. diesel exports to Europe above those headed to South America.

Gasoline exports increased by about 55,000 bpd, or 7%, from a year ago.

LPG shipments last month also climbed by about 7%, or 210,000 bpd, year-on-year as U.S. Gulf Coast inventories stayed above the five-year high this winter.

Strong refinery runs supported by European diesel demand led to a 60,000 bpd, or 78%, year-on-year surge in domestic jet fuel exports.

PBF Torrance Refinery Reports Flaring Tied to 2026 Turnaround

PBF Energy reported a startup/shutdown flaring event at its 155,000 bpd Torrance, California refinery that began Tuesday (2/10) at 11:12 a.m. PT and is expected to end Friday (2/20) at 11:59 p.m. PT, according to a filing with the South Coast Air Quality Management District.
The flaring comes as part of broader maintenance activity, with PBF Energy planning major maintenance and turnaround work at its 157,000 bpd Martinez refinery and its Torrance refinery in California during the first half of 2026, the company announced Thursday (2/12).
• Torrance refinery: A planned turnaround on the CHD and HDT units in the first quarter of this year, targeting hydrogen management and diesel hydrotreating reliability.
• Martinez refinery: Construction activities tied to fire-related repairs are expected to be completed by mid-February, with commissioning already underway. The catalytic cracking unit is expected to return to service in early March, restoring a key gasoline producing unit at the facility. PBF plans to conduct a hydrocracker turnaround in the second quarter of 2026.

DTN Launches Fuel Operations Hub

New platform gives sales and marketing teams a shared operational system to improve reliability, execution, and customer outcomes

DTN, a global data and technology company, today announced the launch of Fuel Operations Hub, an enterprise operations platform for the refined fuels market to improve cross-team collaboration and replace manual data gathering and analysis for faster, more confident daily decisions.

The wholesale fuel market loses billions annually due to fragmented systems and inconsistent visibility into contract performance, allocations, and customer activity. Without a real-time operational view, organizations react after margin is exposed, increasing financial and supply risk.

Organizations using Fuel Operations Hub could give each commercial team member 10–17 hours back every week by eliminating low‑value manual analysis, enabling better decisioning.

DTN Fuel Operations Hub is a purpose-built unified system for refined fuels workflows, enabling teams to operate from consistent, decision-grade data and act earlier in volatile market conditions.

“In downstream fuels, execution speed at the local level affects results,” said Ken Evans, General Manager, Energy and Refined Fuels, DTN. “Fuel Operations Hub helps teams move faster with shared data and clear workflows, turning fragmented operations into coordinated execution.”

Based on DTN benchmarking, organizations using Fuel Operations Hub could give each commercial team member 10–17 hours back every week by eliminating low‑value manual analysis, enabling better decisioning that supports up to 5% incremental volume gains and contributes to 1–3 cents per gallon in targeted margin improvement potential.

Fuel Operations Hub delivers measurable improvements across downstream operations, including sales and marketing teams by:

• Protecting margin before it erodes: Real-time visibility into contract performance, ratability, allocation status, denials, and customer lift behavior — enabling proactive action before month-end surprises.
• Reducing operational friction and inbound customer questions: Centralizing contracts, pricing, allocations, and order activity in a shared operational view — allowing teams to quickly explain exceptions and resolve issues.
• Accelerating daily sales and marketing decisions: Letting your teams spend more time acting on insights instead of assembling them.
• Improving cross-team alignment: Strengthening coordination between sales, supply, and trading through shared data and coordinated execution processes that eliminate siloed optimization.
• Strengthening customer relationships during volatile or supply-constrained events: Providing clearer allocation context, order transparency, and digital buying capabilities.

The sales and marketing features reflect a broader effort to connect intelligence across the downstream fuels ecosystem. By bringing insights and workflows together on a single platform, DTN aims to help customers respond more quickly to market shifts, align teams around shared intelligence, and operate more efficiently in an increasingly complex fuel value chain.

Fuel Operations Hub is built on the DTN neutral data stewardship model and leverages a network that supports approximately 85% of U.S. refined fuel wholesale volumes. This breadth of market coverage delivers trusted, decision-ready intelligence across the fuel value chain.

Sunoco Q4 Fuel Income Up 73% on Parkland Deal

Sunoco reported Tuesday (2/17) that income from fuel rose 73% during the fourth quarter of 2025 compared to the same period of the prior year, driven by its acquisition of Parkland Corporation in October.

Before the acquisition, Parkland operated a diverse portfolio of fuel brands across North America and the Caribbean before the Sunoco acquisition and was exclusive licensee for the Chevron brand in British Columbia and Alberta, Canada.

• Sunoco’s adjusted EBITDA rose to $332 million in the referenced quarter, from $192 million in the fourth quarter of 2024, as fuel sales reached 3.3 billion gallons from a prior 2.2 billion gallons.
• Fuel margin for all gallons sold was 17.7cts gallon for the quarter in reference compared to 10.6cts a year earlier.
• As a result of the addition of Parkland’s Burnaby refinery, Sunoco reported a refinery contribution of $40 million to adjusted EBITDA on a 49,000 bpd throughput.
• A one-time transaction expense of $60 million related to the Parkland acquisition drove overall net income down to $97 million for the fourth quarter, compared to $141 million year-over-year.