oil refiners
For the first time in eight weeks, crude oil prices are set to decline week over week. Could this mark the beginning of the end for high pump prices?
3 months ago
Gasoline prices have reached multiyear highs Some experts believe they could hit a record early next year. In one American city, they already have. Gas prices are tethered to the cost of crude oil....
11 months ago
Last Updated: 11 months ago
Demand for refined crude oil products will reach a peak in just over a decade and decline to levels lower than those set in the pre-pandemic year of 2019.
1 year ago
The best predictor of gasoline prices is oil prices. They almost always outweigh refinery costs, transportation costs and state gas taxes. Crude oil prices, which were $36 a barrel at the end of...
1 year ago
Moody's has upgraded its outlook on the oil refining and marketing sector from negative to positive for 2021. The upgrade is based on sharp improvements over a dismal 2020.
2 years ago
Phillips 66 will convert a San Francisco-area crude oil refinery to one that refines vegetable oils and animal fats into renewable diesel, jet fuel, and naphtha. The company will also shut down a...
2 years ago
Valero Energy stock may have retreated, but at least one research firm sees significant upside that, while less than optimistic, could still be considered positive.
2 years ago
Last Updated: 2 years ago
The analysts at Jefferies that cover the refining and midstream stocks took a bold step this week and upgraded some of the top companies in their coverage universe.
2 years ago
Oil refiner HollyFrontier announced plans to build a $350 million biodiesel plant, increase its dividend by 6% and boost its share buyback program.
2 years ago
Last Updated: 2 years ago
Elliott Management and Paul Singer have once again targeted oil refiner Marathon Petroleum for a breakup. Will the outcome be different from what happened a couple of years ago?
3 years ago
Last Updated: 2 years ago
These four top stocks are way down from 52-week highs. Three of them pay solid dependable dividends, and all offer investors a way to play the energy sell-off with a much lower risk profile.
3 years ago
Last Updated: 2 years ago
The Philadelphia oil refinery that exploded last week will be shut down by next month according to the city's mayor.
3 years ago
Last Updated: 2 years ago
Three early morning explosions at a refinery in Philadelphia caused only a few minor injuries but could push gasoline prices higher as the summer driving season approaches its peak.
3 years ago
Last Updated: 2 years ago
Exxon Mobil said this morning that profits in its downstream segment would take a couple of big hits from higher crude oil prices and losses in its derivatives trading.
3 years ago
Last Updated: 2 years ago
Chevron reported mixed quarterly results before the markets opened on Friday, but that was enough to please investors.
3 years ago
Last Updated: 2 years ago