Oil & Gas
It appears all of the positive increases the last day in the energy stocks is concentrated in the refiners & marketers: ASH, CNO, EPD, FGP, FTO, GI, HOC, INT, LYO, LZ, PZL, SGU, SPH, SUN, TOS, TSO, UDS, and VLO, and the integrated oils found in the XOI: AHC, KMG, COC, MRO, P, UCL, CHV, TX, XOM, RD, and others. It may be based on the expectation that they'll dribble out the price decreases in gasoline till at least the big vacation driving period is over this week, and hence, pocket the large differential from spot market. |
