A series of disruptions to global refining capacity and refined-product flows has raised the prospect of a ban on U.S. diesel exports as a way to keep prices in check. Today, we look at where things stand and how a U.S. export ban could result in a number of major unintended and negative consequences.
It’s no secret that rising prices for refined products have drawn scorn from consumers, businesses and politicians alike, but the market isn’t stuck indefinitely. Today, we look at how China could play a major role in stabilizing the global refined products market and help bring down prices.
Today, we look at why high crack spreads don’t necessarily increase a refinery’s output, how market disruptions elsewhere can drain U.S. inventories, and the indicators that will help tell us whether the diesel squeeze is easing (or worsening).
Diesel is taking the wheel of the refining barrel. As discussed in today’s Tradeview Report, the benchmark 3-2-1 crack edged just $0.52/bbl higher last week to $66.36/bbl, but that modest headline move masks a much more dramatic shift underneath.
For many, 2026 will be remembered as the year that diesel cracks topped the century mark ($100/bbl) for the first time, surpassing even the post-COVID boom year of 2022. Today, we examine the various factors driving this run-up and what they reveal about the broader physical refined products market.
Global prices for refined products have remained elevated for a number of reasons, with the state of Russia’s refining sector a major, if sometimes overlooked, factor. Today, we look at the conditions in Russia, how trade flows have shifted, and what a post-war recovery might look like.
Refined product prices have remained elevated this summer even as crude oil prices have fallen from their 2026 highs set just a few months ago. In today’s RBN blog, we look at several factors that help explain the seeming disconnect between product prices and crude oil prices.
The price of the D4 Renewable Identification Number (RIN) has increased by 130% so far in 2026, accompanied by a 60% increase in the price of soybean oil and other renewable feedstocks. Today’s blog gives a high-level view of what is behind this year’s bull run in the D4 RIN and related commodities.
The U.S. is seeing softer domestic demand for traditional fuels, but pockets of the country remain highly dependent on imported gasoline, jet fuel and diesel. Today, we’ll zero in on which PADDs are at the highest risk for shortages and price spikes if the Iran war drags on for an extended period.
It’s been eight weeks since the steady flow of crude oil and refined product tankers out of the Persian Gulf ended, and the impacts on refineries and product suppliers in key parts of the world are becoming clearer. In today’s RBN blog, we discuss the state of refining in the U.S., Europe and the Asia-Pacific region.
