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CRAK / CRAK: Lower Supply And Demand For Crude Aren't Great For Spreads

CRAK: Lower Supply And Demand For Crude Aren't Great For Spreads
CRAK is too tough to call, there are plenty of good reasons to see declines in the sector, and multiples are pricing in lots of problems. Crude prices get to stay higher because of exogenous supply cuts, but that's not happening in refining besides market-driven run-cuts while markets get used to Ukraine. Read More
Posted: May 25 2023, 23:30
Author Name: Seeking Alpha
Views: 110630

CRAK News  

Is Oil Set to Dive in 2024? ETF Areas to Gain

By Zacks Investment Research
October 13, 2023

Is Oil Set to Dive in 2024? ETF Areas to Gain

Though prices remained steady currently due to geopolitical tensions in the Middle East, chances of a prolonged bull run in oil prices have been dampe more_horizontal

Oil Soars On Israel-Hamas Conflict: Sector ETFs to Gain/Lose

By Zacks Investment Research
October 10, 2023

Oil Soars On Israel-Hamas Conflict: Sector ETFs to Gain/Lose

Oil prices jumped more than 4% on Oct 9, 2023 due to the Israel-Hamas conflict. more_horizontal

Oil to Touch $100 Soon? Sector ETFs to Benefit/Lose

By Zacks Investment Research
September 28, 2023

Oil to Touch $100 Soon? Sector ETFs to Benefit/Lose

Oil futures touched a fresh 2023 high on Wednesday. Oil prices may hit $100/bbl soon. more_horizontal

Oil to Hit $100 Soon? Sector ETFs to Benefit/Lose

By Zacks Investment Research
September 18, 2023

Oil to Hit $100 Soon? Sector ETFs to Benefit/Lose

Oil analysts forecast a sustain rally in the liquid commodity price may lead it to the $100-level by the end of this year. more_horizontal

Refiner Stocks Surge on Diesel Price Spike

By Barrons
September 11, 2023

Refiner Stocks Surge on Diesel Price Spike

Refineries are benefiting from a shift in crude exports. Both Saudi Arabia and Russia have cut their oil production---to prop up oil prices. more_horizontal

CRAK: Buy Refiners On Potential Chinese Stimulus

By Seeking Alpha
July 27, 2023

CRAK: Buy Refiners On Potential Chinese Stimulus

The CRAK ETF provides exposure to a portfolio of global refiners. A large gulf-coast refinery has been taken offline, tightening fuel markets. Tighter more_horizontal

CRAK: Lower Supply And Demand For Crude Aren't Great For Spreads

By Seeking Alpha
May 25, 2023

CRAK: Lower Supply And Demand For Crude Aren't Great For Spreads

CRAK is too tough to call, there are plenty of good reasons to see declines in the sector, and multiples are pricing in lots of problems. Crude prices more_horizontal

Spreads Could Help CRAK Keep Rocking

By ETF Trends
November 14, 2022

Spreads Could Help CRAK Keep Rocking

With energy ranking as the best-performing sector in the S&P 500 this year, it's not surprising that exploration and production, integrated oil, and o more_horizontal


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