OPIS Launches Los Angeles Jet vs. NY Harbor ULSD BALMO Futures on NYMEX/CME Globex
Rockville, MD – January 26, 2026 — OPIS, a Dow Jones Company, today announced the launch of the OPIS Los Angeles Jet Fuel Balance of Month (BALMO) futures contract, expanding the suite of jet fuel risk management tools available for market participants.
The New York Mercantile Exchange, Inc. (“NYMEX” or the “Exchange”) will list the Los Angeles Jet (OPIS) vs. NY Harbor ULSD BALMO futures contract (the “Contract”) for trading on the CME Globex electronic trading platform (“CME Globex”) and for submission for clearing via CME ClearPort.
Designed to support short-term risk management in the U.S. West Coast jet fuel market, the OPIS LA Jet BALMO futures contract is a financially settled instrument that reflects balance-of-month pricing—an important structure widely used in physical jet fuel trading. The contract enables participants to more precisely manage near-term price exposure and regional differentials in a critical aviation fuel hub.
The OPIS LA Jet BALMO futures contract will be available for trading beginning Monday, January 26, 2026.
The launch broadens the range of risk management solutions available to airlines, refiners, marketers, traders and other participants across the jet fuel supply chain, supporting a more effective alignment between future positions and physical market activity in the Los Angeles market.
Supporting Short-Term Jet Fuel Risk Management
Balance-of-month pricing plays a central role in the physical jet fuel market, particularly for buyers and sellers managing exposure between prompt supply and forward positions. The introduction of a BALMO futures contract linked to OPIS Los Angeles jet fuel pricing provides market participants with a targeted tool to manage this exposure more efficiently.
By referencing OPIS’ established jet fuel price assessments for the Los Angeles market and pairing them against NY Harbor ULSD BALMO, the contract allows participants to manage regional price differentials and refine short-term hedging strategies.
The contract is based on OPIS’ jet fuel pricing methodology, which is widely referenced by refiners, marketers, airlines, traders and other participants across the fuel supply chain.
About OPIS
OPIS, a Dow Jones company, provides accurate pricing, real-time news and expert analysis across the global fuel supply chain, including the Spot, Wholesale Rack and Retail markets. OPIS and its brands, McCloskey, PetroChem Wire, Axxis and Chemical Market Analytics, enable customers to buy and sell energy commodities with confidence across the globe via easy access to transparent data, expert-level customer support, educational events and energy data solutions. OPIS assessments reflect bids, offers and trades reported by approved traders, brokers and electronic platforms. Full details about OPIS pricing methodologies are available at opisnet.com/about/methodology.
About Dow Jones
Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 130 years and today has one of the world’s largest news-gathering operations globally. It is home to leading publications and products including the flagship Wall Street Journal, America’s largest newspaper by paid circulation; Barron’s, MarketWatch, Mansion Global, Financial News, Investor’s Business Daily, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, OPIS and Chemical Market Analytics. Dow Jones is a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).