Forget Prices This Refining Surge Stokes Energy Stocks
Refining margins surge, not crude prices, lifting major U.S. refiners and redefining the 2026 rally in energy stocks.
The Dow Jones uses price weighting, which gives more influence to higher-priced stocks. This note covers the rationale and implications for investors.
25,369 articlesRefining margins surge, not crude prices, lifting major U.S. refiners and redefining the 2026 rally in energy stocks.
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