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Strong Refining Margins Boost Energy Outlook as Global Fuel Supplies Tighten

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Refining margins remain elevated into the third quarter amid tight global fuel inventories, firm demand, and limited spare capacity.
  • Favorable crack spreads are expected to support downstream earnings for refiners including Par Pacific, Phillips 66, and Valero Energy into late 2026.
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