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Tight Global Markets Drive Refining Sector: 3 Stocks to Consider

Source: zacks.com

Energy Markets & PricesCompany FundamentalsCommodities & Raw Materials

Tight global refined-product markets, limited refining capacity, and robust demand are lifting refining margins for Valero Energy, PBF Energy, and Marathon Petroleum. The favorable supply-demand backdrop supports earnings prospects for U.S. refiners, although the article provides no specific margin or financial estimates.

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