Gulf Coast Harbor Ultra Low Sulfur Diesel
Gulf Coast Harbor Ultra Low Sulfur Diesel (ULSD) is the new standard for highway diesel fuel in the United States since December, 2010. Physical delivery is into the Colonial Pipeline at a variety of injection stations: Texas, Pasadena and Houston being the main locations.
Gulf Coast Harbor Ultra Low Sulfur Diesel futures are traded at the NYMEX under ticker symbol LU. Contract size is 42,000 gallons (1,000 barrels) quoted in U.S. dollars and cents per gallon. Delivery takes place all calendar months. Contract settled by physical delivery.