Why US Diesel Prices Could Stay High Even If Oil Tumbles: A Global Refinery Shortage
US diesel prices hover near record highs as a global refinery shortage persists. Here's why pump prices may stay high even if oil tumbles after Hormuz reopens.
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BMO Capital Maintains Outperform on Phillips 66, Raises Price Target to $310
BMO Capital analyst Phillip Jungwirth maintains Phillips 66 (NYSE:PSX) with a Outperform and raises the price target from $260 to $310.
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Trump's Diesel Ban Comes With A Bigger Bill at The Pump
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Will Par Pacific's Retail Expansion Boost Earnings Stability Ahead?
Par Pacific Holdings is strengthening its retail segment through expanded merchandise and food service offerings to build a more stable earnings base alongside its cyclical refining business. Despite a 0.8% decline in same-store fuel volumes in Q2 2026, in-store sales rose 1% and retail adjusted EBITDA improved to $17 million. The company's retail segment generated $40.7 million in adjusted gross margin, demonstrating the value of diversification. Similar strategies are being pursued by competitors HF Sinclair and Phillips 66.
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