3 Stable Refining & Marketing Stocks With Good Potential
Galp Energia(GLPEY) ZACKS·2024-12-12 14:25
The Zacks Oil and Gas - Refining & Marketing industry faces a mixed outlook, shaped by both opportunities and challenges. Volatility in refining margins, driven by fluctuating crack spreads and global economic uncertainties, creates short-term pressure. Turnaround activities and lower crude prices further weigh on operating efficiency. Rising costs, including wage pressures and expansion expenses, add complexity. However, steady demand growth for refined products like gasoline, diesel and jet fuel offers a ...