|Day Low/High||93.60 / 94.66|
|52 Wk Low/High||68.81 / 94.72|
The firm also views demand, especially in gasoline, to be returning to normal.
Hurricanes are actually good news for refineries.
Stocks of great companies do get cheaper as they go lower, says Jim Cramer. Use that to your advantage.
The plan is to list as a tax-friendly master limited partnership.
The floodwaters of Harvey moved eastward to Port Arthur last Wednesday, dubbed the 'city by the sea' in an electronic welcome sign.
The national average price of gasoline increased by 25 cents per gallon to $2.64 per gallon, but is expected to dip. Here's what's happening in the wake of Harvey and as Irma makes landfall.
Here's a rundown of my favorite plays for the month and the rest of 2017.
While the Houston area deals with the worst storm to hit the Texas coastline in half a century, industry followers are realizing Harvey could have global implications.
Gas prices spiked again as more refineries went offline.
The move comes as U.S. gasoline prices skyrocketed Thursday morning due to an East Coast pipeline shutdown by the nation's largest gasoline transporter, Colonial Pipeline Co.
Most boards have a playbook to guide them through a crisis, but the magnitude of the disaster can force a board to improvise its plan.
Shares of VLO have triple topped, fade the stock.
Here's what you need to know now for Monday, August 28.
Stocks finished Monday mixed.
Refiners were not hit too hard Monday.
Stocks are mixed at the start of the week.
The aftermath of the torrential downpour in the Gulf Coast region from Hurricane Harvey will impact the area's refineries, pipelines and storage, but the extent of the damage remains unknown.
Prices have been challenging the $70 area for months, but it looks like an upside breakout is possible.
More than 2.2 million barrels per day of U.S. refining capacity was offline due to Hurricane Harvey.
The nation's ability to refine oil has been reduced by almost 15%.
On the long side, it would be national refiners, with Valero Energy at the top of the list; on the short side, it's the bedraggled oil producers.
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