Refineries

[Fraser921]

GLDnmfpXEAAtOmH.jpg (94.23 KiB) Viewed 109 times

Refineries do well when crack spreads widen. "Big incentive to buying crude to maximize runs". Good for crude prices too

Took positions in PSX, DK, PARR

https://x.com/Energy_Tidbits/status/1778948167964274929