MarketPulse

oil refiners

2 articles
BenzingaBenzinga··Piero Cingari

Refiner Stocks Surge as Gas Tops $4, Diesel Hits Record on Middle East Tensions

U.S. gasoline surges past $4, diesel hits $5.45 on Middle East tensions, creating record refiner profits. Refiner ETF $CRAK up 29% YTD on 14-week winning streak.
DKDINOVLOMPCPSX+3energy sectorStrait of Hormuz
BenzingaBenzinga··Piero Cingari

Oil Refiner Boom: Iran Tensions Unlock Historic Margins for U.S. Refiners

Iran tensions drive U.S. oil refiner crack spreads to $40/barrel, potentially unlocking $240B annual margins. Five major independents poised for windfall profits.
DINOVLOMPCPSXPBF+1crude oilcrack spread