Refining
The sources describe an exceptionally tight refining and products market, with diesel, gasoline and jet fuel remaining expensive despite lower crude prices and unusually high refining margins 235. Disruption to refining capacity, shipping routes and logistics is limiting the conversion and movement of crude into products, while Asian refiners are changing procurement and delivery arrangements to manage supply risk 246. David Wech identifies a possible bearish counterweight for products: China may increase refinery runs and exports to preserve its 2027 crude-import and product-export quotas, which he says would be bullish crude but bearish products 1.
Where the voices land
All voices 1 voice1 bullish
Bullish
- JCJeffrey Currie ++Bullish Years of underinvestment in refining and logistics left no spare capacity, so refining margins and product tightness persist. “Years of underinvestment in refining and logistics left no spare capacity to absorb any of it.” Open the post Thank you to @JoeSquawk and the @CNBC Squawk Box… · 26 Aug
1 bullish
Mentions
6 in August 2026Stories it travels in
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The stories
- ○ a voice, on the left
- ◌ a voice raising half of these
- ● a subject, on the right, under its story
- ⌒ a line is a voice raising a subject — thicker, more items; colour is the story
The stories this entity travels in: on the right, each story with the subjects seen alongside it; on the left, the voices that raised them, and a line for every subject a voice raised, bundled by story. Tap a voice to light everything it raises, a subject for who raised it, a story for its own lines. The crumb goes back.
Who brings it up
- Tracy Shuchart (𝒞𝒽𝒾 ) 2 mentions
- Jeffrey Currie ++ 1 mention
- Jack Farley 1 mention
- Lyn Alden 1 mention
- David Wech 1 mention
- Rory Johnston 1 mention
- Luke Gromen 1 mention
See what your own voices say about Refining, every morning.
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