CRAK: Technical Damage Among The Refiners Amid A Compelling Valuation
Source: SeekingAlpha
2026-06-20 23:25:30 ET
The refiners were a hot trade as the conflict in Iran progressed. WTI and Brent crude oil prices surged, while supply was choked off. Companies tasked with processing oil were running at capacity, as evidenced by high refinery utilization rates. But as expectations for a ceasefire and the eventual reopening of the Strait of Hormuz increased, the shine came off of domestic oil refiner equities. ...
Read the full article on Seeking Alpha
For further details see:
CRAK: Technical Damage Among The Refiners Amid A Compelling Valuation
VanEck Oil Refiners ETF
NASDAQ: CRAK
CRAK Trading
1.0% G/L:
$54.79 Last:
635,050 Volume:
$54.40 Open:
CRAK Latest News
