Refiners Lead Energy Stock Rally as Gasoline Prices Surge
Friday, 15 March 2024, 20:25
Refiners Reach Record Highs in Energy Stock Rally
In a golden era for refiners, Valero Energy, Phillips 66, and Marathon Petroleum have all hit record intraday highs, benefiting from the surge in gasoline prices.
Boost in Profit Margins
The rise in gasoline prices has significantly boosted profit margins for these companies, leading to a remarkable performance in the energy stock market.
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