Oil Prices are High, But These 2 Refining Stocks are Still Crushing It
Despite elevated crude oil prices approaching $100 per barrel, refining stocks Par Pacific Holdings (PARR) and HF Sinclair Corporation (DINO) have each gained over 50% in the past six months. Strong fuel demand, tight global inventories, and constrained refining capacity are supporting healthy refining margins for these companies, making them attractive investments even in a high oil price environment.