RBN’s Daily Energy Blog and Insights sharpen your energy IQ through fundamentals-based analysis that makes sense of North America’s energy market dynamics.
U.S. export LNG projects are typically supported by long-term sales and purchase agreements signed years before production begins. But will the terms that look right for buyers and sellers today remain so in the future? Today, we examine how the market is evolving as conditions change.
U.S. propane stocks posted a surprise build, but it all landed on the coasts. Midwest stocks fell to their lowest level for early November since 2013, while the Gulf Coast sits above its five-year high.
The Future of Fuels bi-annual report by RBN's Refined Fuels Analytics provides an in-depth analysis of the U.S. and global refinery industries, focusing on crude oil and fuel market dynamics, supply and demand, alternative fuels, refinery capacities, and price forecasts to help stakeholders navigate the evolving energy landscape.
Energy Transfer generated $5.03 billion in adjusted EBITDA in Q3 2026, up 31% year on year but roughly flat with Q2 2026. Sunoco accounted for $560 million, or 47%, of the consolidated EBITDA increase due mostly to the Parkland acquisition, which closed in October 2025. Note, this acquisition also included the 55-Mb/d Burnaby refinery, which benefited from exceptionally strong refining margins in the quarter.
Marathon Petroleum is selling a pair of inland refineries — the 105-Mb/d St. Paul Park refinery in Minnesota and the 72-Mb/d Mandan refinery in North Dakota — to CVR Energy. Today, we look at why major refiners are increasingly pointing their investment dollars toward the Gulf Coast.
Keyera Corp. reported third quarter results on November 10. Q3 was the first quarter that included the Plains assets for the entire quarter. Gross throughput for the Gathering & Processing and Fractionation businesses were up 10% and down 10% year-over-year, respectively.
Pembina Pipeline reported third quarter results on November 5. Pipeline revenue volumes and facility volumes were up year-over-year by 1.7% and 0.7%, respectively, to 2.796 million Boe/d and 867,000 Boe/d.
Enbridge reported its third quarter results on November 6.
The Crude Oil Billboard keeps readers at the forefront of the U.S. crude oil market by offering access to data and information moments after its release. Say goodbye to PDF reports that come out after the market has already moved on.
Qatar has long been a heavyweight in LNG, but its ambitions now extend well beyond supplying its own cargoes from its own shores. Today, we look at Qatar’s evolving strategy, why U.S. LNG figures prominently in its plans, and what its expanding role could mean for the global battle for market share.
Tourmaline Oil Corp. reported third quarter results on November 4.
Along with most other refiners, Phillips 66 set a company record for adjusted and unadjusted earnings per share, net income and EBITDA in Q3 2026, the company said during its quarterly earnings call.
