Energy sector strength: Drill down with refinery stocks

Key PointsMarathon Petroleum, Valero and Phillips 66 performance exceed upstream oil and gas companies.Refiners often benefit from declining oil prices, acting as a hedge for many institutions in the broader energy sector.Chart analysis suggests the VanEck Oil Refiners ETF is poised for a potential breakout, reflecting strength in the refining subindustry.5 stocks we like better than ChevronThe oil refiners' exchange-traded fund (ETF), the VanEck Oil Refiners ETF NYSEARCA: CRAK, is outperforming the broader ...