Diesel shortages could keep US refiners earning more.
- For
- Investors and fuel buyers
- Where
- United States; Russian and global diesel supply
- What it means
Profit opportunity: Working US refiners could keep earning strong margins if diesel supply stays tight.
- Why it matters
Russian refinery attacks may slow supply recovery while Valero and Marathon already show strong refining results.
- What to do
Watch diesel margins, actual exports and refinery operations before judging NYSE: VLO or NYSE: MPC.
- What we don't know
The earnings are public. We have not established undervaluation, future margins or whether supply recovery and weaker demand will end the advantage.
- Urgency
- Not assessed
- No urgency assessment has been entered.
First published