#refining-margins

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Business
from24/7 Wall St.
1 week ago

Raymond James Sets $205 Target on PSX as Refining Margins Nearly Double

Phillips 66 shares have significantly increased, with a price target raised to $205 by Raymond James, indicating strong future potential.
Business
from24/7 Wall St.
1 week ago

Why Raymond James Sees Marathon Petroleum Reaching $270

Marathon Petroleum Corp. has seen significant stock growth, with a target price of $270 by 2026 driven by refining margins and geopolitical factors.
Business
from24/7 Wall St.
1 week ago

Why Raymond James Is Calling for a $290 Price Tag on Valero (VLO)

Raymond James raised Valero Energy's price target to $290, citing strong operational performance and favorable refining margins.
Business
from24/7 Wall St.
3 weeks ago

Refiners Are Quiet Winners in 2026: Wall Street's Signals Are Hard to Ignore

Institutional investors are accumulating U.S. refiners despite analyst ratings lagging stock performance, driven by exceptional earnings beats and record refining margins from access to discounted Venezuelan crude.
Environment
from24/7 Wall St.
1 month ago

Marathon Petroleum vs Phillips 66: Which Refining Giant Wins as Energy Sector Dominates 2026?

Independent refiners Marathon Petroleum and Phillips 66 delivered strong Q4 results driven by high refinery utilization, wide refining margins, and disciplined capital allocation.
frombmmagazine.co.uk
4 months ago

US Sanctions on Russia Deliver Windfall Profits to Oil Giants but Choke Europe

According to Bloomberg Russia's seaborne crude shipments fell sharply, dropping by the most since January 2024. Four-week average volumes from the country's ports were 3.58 million barrels a day to Nov. 2, according to vessel-tracking data compiled by Bloomberg, down by about 190,000 from the revised figure for the period to Oct. 26. This is the result of new US restrictions on Rosneft and Lukoil.
World news
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