Thursday, September 10, 2026

Daily refined fuels briefing

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Gasoline
$3.203/gal
unch
ULSD
$4.724/gal
unch
WTI
$91.48/bbl
unch
Gas crack
$43.05/bbl
unch
Diesel crack
$106.93/bbl
unch
Retail gas
$4.29/gal
unch
Retail diesel
$5.97/gal
unch
Change vs. prior data point. Spot prices & single-product cracks vs WTI, from EIA data ↗

📈 Markets & Prices

United States on track for record crude oil production in 2026
We forecast U.S. crude oil production will average 13.8 million barrels per day (b/d) in 2026, surpassing the previous record of 13.7 million b/d set in 2025, in our latest Short-Term Energy Outlook (STEO).
$5 Diesel Now Feels Inevitable: ULSD Blasts Past March Highs, No Resistance in Sight
Energy markets continue to surge to multi-month highs this morning, with WTI breaking back above $100 for the first time since May, as the U.S. and Iran launched more attacks in and around Hormuz over the past 2 days tha

🏭 Refining & Supply Ops

Two Historic USA Fuel Records Fall
Two 'historic' fuel records fell recently, a blog posted on GasBuddy's website on Tuesday outlined.
Iran, USA Brace for Long War
Iran and the U.S. are digging in for a protracted war.
McDermott Wins Contract for Eni's Cronos Project offshore Cyprus
The Houston-based company received a 'substantial' contract from Eni for Cyprus' first hydrocarbon development.
EU Faces Worst Gas Storage Position in Decades, WoodMac Says
Wood Mackenzie warned that Europe faces its 'weakest' winter gas storage position for nearly two decades.
TotalEnergies Makes New Discovery offshore Angola
TotalEnergies announced a discovery in Block 17 off Angola's Atlantic coast, which it expects to put into production this quarter.
Oil Closes at Highest Level in 4 Months
The Brent oil price closed at $101.21 per barrel on Wednesday.
Iran Says Ready for Escalation after Trump Warning
'The war is going to end immediately after the election because they can't hold out any longer', Trump said.

🏛️ Policy & Credits

OMV Petrom invests 115-million euros in modernizing Petrobrazi refinery’s electrical infrastructure
The new infrastructure will support both the refinery’s operations and the activities of future HVO, SAF and green-hydrogen production units.
Bayer, Neste close commercial agreement to jointly scale newgold® winter canola for biofuels production
The commitment aims to support the growth of winter canola in the Southern Great Plains of the U.S. as a feedstock for renewable diesel and SAF.
Synhelion advances scale up with large-scale synthetic fuel project in Morocco
The facility, to be located in Morocco’s Tan-Tan province in the region of Guelmim-Oued Noun, is planned to produce 100,000 tons of renewable fuel per year.

🏢 Companies & Earnings

The Surprising Pockmarks On Cooper's Earnings That Caused Its Stock To Dive
Investors hammered Cooper Companies on Thursday after the medtech's fiscal third-quarter sales lagged expectations.
Wage theft is the heavyweight champion of American larceny
Wage theft strips American workers of more money every year than the FBI’s entire tally of robbery, burglary, larceny and motor vehicle theft combined. It is, by a striking margin, the largest form of ...

🗓️ Earnings Radar

  • 2026-09-17 — Kroger (KR), estimated
Dates estimated from SEC filing cadence — see the full calendar.