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Why energy stocks like exxonmobil and chevron are rallying on monday
Key members of the Organization of the Petroleum Exporting Countries are cutting production to raise the price of oil. Oil drillers and ...
April 3, 2023, 2:12 pm
Oil futures climb back to their highest finish in more than two weeks
Oil futures resumed their rise on Thursday, with U.S. and global crude prices climbing back to their highest settlements since March 13, after ending ...
March 30, 2023, 2:48 pm
Valero energy: a good bet in downstream
Valero Energy is one of the leading refiners of petroleum products in the United thanks to its size, sc...
March 9, 2023, 10:57 am
Valero: this free cash flow cow is attractively valued as oil prices stabilize
Energy stocks have pulled back from their highs, but stable oil prices may help some firms plan ahead. refiner...
March 8, 2023, 4:54 pm
2 oil refiners posting record margins: can the trend continue?
Oil refining stocks posted record-high profits in 2022, thanks to the wide margin between the cost of crude oil and refined products. Despite a declin...
February 28, 2023, 9:06 am
Indian refiners have begun paying for russian oil via dubai traders in uae dirhams
An interesting weekend item from Reuters about oil, but also about circumventing trade payments in the dominant USD - helping Russia to de-dollaris...
February 4, 2023, 4:20 am
Valero can keep pumping profits
American refiners had an exceptional 2022. Low natural gas prices and a Russian product ban show condit...
January 26, 2023, 1:10 pm
Oil higher, gold shines
Oil Crude prices are rallying as China’s robust demand will likely lead to rising inventories and increased activity for ...
January 19, 2023, 4:27 pm
Marathon petroleum: stock up 63% in a year, on track for good 2023 performance
2022 was an extraordinary year for US oil refiners due to high margins from a surge in demand and Russi...
January 15, 2023, 5:34 am
U.s. oil prices under pressure from keystone pipeline's largest-ever leak
The leak has reduced flows of Canadian crude, adding to costs for Gulf Coast refiners and weighing on U...
December 14, 2022, 3:50 pm
Precious-gold little changed as traders focus on fed
Gold should trade around $1,820 for rest of the year – analyst * Top accreditor of gold refiners sued...
December 14, 2022, 12:14 pm
Gasoline is below year-ago levels and it's crushing refiners
The average U.S. gasoline price on Friday was $3.32 per gallon, down from $3.34 a year ago....
December 9, 2022, 11:50 am
The best energy dividend stock for a decade of passive income
Oil refiners are in the sweet spot of the energy industry to generate passive income for investors....
December 6, 2022, 10:03 am
The pxe energy etf: the trend is your friend
The Invesco Dynamic Energy E&P ETF holds 30 companies involved in domestic exploration and production. The fund also holds petroleum ...
November 7, 2022, 3:25 pm
Phillips 66: buy the dip prior to q2 report
With 2 million bpd of crude throughput capacity, Phillips 66 is one of the largest American refiners. H...
July 21, 2022, 5:50 pm
Valero energy: go long before earnings
VLO shares have pulled back sharply in recent months, creating an attractive entry point ahead of Q2 earnings. With domestic and international demand ...
July 20, 2022, 2:33 pm
There are better names than refiners in the energy space, says dan pickering
Dan Pickering of Pickering energy partners discusses where he sees value in energy stocks. With CNBC's Courtney Reagan....
July 15, 2022, 7:20 pm
What drives gas prices?
Gas prices are high because refiners are squeezing the market, knowing that their industry has a sell-b...
June 23, 2022, 6:58 pm
Biden blasts refiners' profits as ‘not acceptable,' while democratic senator targets big oil's ‘profiteering'
Democratic-run Washington is continuing to make an effort to address high gasoline prices, with President Joe Biden targeting ...
June 15, 2022, 1:39 pm
Oil prices dip as biden asks refiners to produce more gasoline
Biden's criticism of refiners comes after he called out Exxon for making more money this year after cru...
June 15, 2022, 8:54 am