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PBF Energy posted blowout quarterly results and secured a Zacks Rank #1, driven by surging refining margins and significant debt reduction. The broader refining and marketing sector demonstrates robu…
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 earning…
Marathon Petroleum reported blowout quarterly results driven by record-high crack spreads, doubling refining margins to $36.33 per barrel. Analysts expect full-year earnings to surge over 340% year-o…
U.S. retail diesel prices surged to an all-time record of $5.848 per gallon, driven by global refinery outages, Russian export bans, and tight distillate stockpiles. While crude remains below its pea…
U.S. diesel prices reached a record $5.85 per gallon as domestic refineries run near full capacity at 98%. With little room to boost output and wide crack spreads driving crude processing, tight refi…
President Trump pressed U.S. refiners to lower gasoline prices immediately, but producers noted facilities are already operating at near 98% capacity. With 7 to 8 million bpd of global refining capac…
U.S. refiners MPC, PSX, and VLO posted $12.6B combined Q2 profits, the highest since 2022, driven by strong margins amid geopolitical tensions. Analysts highlight oil stocks as attractive investment …
Major oil companies warn refining capacity is critically tight, pushing crack spreads and fuel prices higher despite crude futures pulling back on peace-talk optimism. Diesel and gasoline supply crun…
Marathon Petroleum posted a blowout Q2 2026 with net income up 325% YoY, driven by soaring refining margins and higher crack spreads. Strong shareholder returns and increased MPLX capex signal sector…
OMV Petrom Q2 2026 results show 27% rise in clean CCS operating profit, strong refining margins, but falling cash flow and net cash amid Romanian regulatory caps and financial losses. Neptun Deep gas…
Exxon and Chevron posted blowout Q2 profits driven by historically high refining crack spreads amid Strait of Hormuz disruptions. CEO Woods warns gas prices will stay elevated near-term despite lower…
Phillips 66 shares surge on Iran-related supply risks and strong refining margins, up nearly 20% in 30 days. Valuation debate emerges between overvalued narrative fair value and DCF model suggesting …