2024-04-18 00:53:13 ET
Summary
- Refiners' stock prices are affected by the price of oil, with higher oil prices allowing them to charge more for gasoline.
- Silver has been catching up to gold in terms of performance, and their relationship has similarities to oil and oil refiners in terms of commodity price movement and refiner's stocks.
- I predict that oil prices will drop further and refiners will be a good investment once oil hits $80.
Oil is very important, but it’s the refiners that we are focused on, let me explain
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I Like Oil, But I Love The Refiners!