A renormalized one-loop theory (ROL) is used to calculate corrections to the random phase approximation (RPA) for the structure factor $Sc(q)$ in disordered diblock copolymer melts. Predictions are given for the peak intensity $S(q^{star})$, peak position $q^{star}$, and single-chain statistics for symmetric and asymmetric copolymers as functions of $chi N$, where $chi$ is the Flory-Huggins interaction parameter and $N$ is the degree of polymerization. The ROL and Fredrickson-Helfand (FH) theories are found to yield asymptotically equivalent results for the dependence of the peak intensity $S(q^{star})$ upon $chi N$ for symmetric diblock copolymers in the limit of strong scattering, or large $chi N$, but yield qualitatively different predictions for symmetric copolymers far from the ODT and for asymmetric copolymers. The ROL theory predicts a suppression of $S(q^star)$ and a decrease of $q^{star}$ for large values of $chi N$, relative to the RPA predictions, but an enhancement of $S(q^{star})$ and an increase in $q^{star}$ for small $chi N$ ($chi N < 5$). By separating intra- and inter-molecular contributions to $S^{-1}(q)$, we show that the decrease in $q^{star}$ near the ODT is caused by the $q$ dependence of the intermolecular direct correlation function, and is unrelated to any change in single-chain statistics, but that the increase in $q^{star}$ at small values of $chi N$ is a result of non-Gaussian single-chain statistics.
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