Movement Alert|PBF Energy Inc Rises 5.21% in Regular Trading, Refining Sector Rebounds After Diesel Export Ban Selloff

Market Focus
Sep 25

On September 25, PBF Energy Inc rose 5.21% in regular trading, trading at $74.17 per share, with turnover of approximately $109 million. The refining sector staged a broad-based rebound after falling sharply earlier in the week amid fears of a potential U.S. diesel export ban.

The sector had come under significant pressure after President Trump expressed support for restricting diesel exports to address record-high domestic diesel prices, which recently surpassed $6.50 per gallon — a roughly 77% surge year-over-year. PBF Energy itself had declined 5.04% on September 22 as part of the sector-wide selloff triggered by the export ban discussion, with analysts warning that such a measure could end the historic run-up in refining margins and force production cuts. However, considerable uncertainty remains over whether the ban will be implemented, with officials divided on its feasibility and potential unintended consequences, fueling a relief rally across the group.

Within the Oil and Gas Refining and Marketing sector, Valero rose 4.55%, Marathon Petroleum gained 2.85%, Phillips 66 advanced 2.51%, and HF Sinclair added 2.74%, while Delek US fell 4.58%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10