Time to Take a Look at 3 Refining & Marketing MLP Stocks
The Zacks Oil and Gas - Refining & Marketing MLP industry is navigating a challenging phase, with refining margins softening significantly from their 2022 highs. Narrower crack spreads, elevated inventories and global demand uncertainties weigh on profitability, particularly as Russia redirects exports to India and China, easing supply constraints. Moreover, the sector’s dependence on upstream activity introduces cyclical risks, as downturns in production growth often reduce midstream demand and erode earni ...