U.S. refiners
Coverage of U.S. refiners in the Nexus archive.
- Refining crunch keeps fuel prices high as crude retreats
The refining crunch is keeping fuel prices high as crude retreats. Lost capacity in Russia and the Gulf benefits US refiners, but this situation presents a political problem for Donald Trump.
- US crude stockpiles are depleting rapidly
US crude stockpiles are rapidly depleting as refiners process 17 million barrels daily to meet export demand amid Middle East energy disruptions. Analysts warn this pace could undermine the US' role as a global energy supplier, with commercial stockpiles dropping by 7.2 million barrels.
- Refining margins remain elevated as demand continues to outpace supply
U.S. refiners are experiencing strong profit margins as demand for refined fuels outpaces supply due to persistent supply chain constraints, reduced Russian production, and limited global refining capacity. Elevated gasoline and diesel prices are driven by resilient demand, low inventories, and refiners prioritizing diesel and jet fuel production over gasoline.