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Shares of oil and gas refining and marketing companies are trading higher as oil prices continue gains amid the U.S.-Iran impasse over the Straight of Hormuz and a Ukrainian drone strike on one of Russia's largest oil refineries, Lukoil Perm. Investor attention has also turned to soaring refining margins for gasoline and diesel, which help buttress optimism for the sector ahead of late summer and Labor Day demand.
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- benzinga
- Observed
- Aug 21, 2026, 5:53 PM
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- Aug 21, 2026, 5:53 PM
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- Captured once, then retained as an archive reference
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