Shares of oil refining and marketing companies are trading lower after G7 governments agreed to release up to 100 million barrels combined of diesel fuel and crude, which will ease shortages and squeeze refining margins.

UBS Maintains Neutral on CVR Energy, Raises Price Target to $53

UBS analyst Manav Gupta maintains CVR Energy (NYSE:CVI) with a Neutral and raises the price target from $35 to $53.

Top 3 Energy Stocks You May Want To Dump In Q4

Three energy stocks—CVR Energy, Okeanis Eco Tankers and San Juan Basin Royalty Trust—show overbought RSI readings above 70 after sharp gains.

Shares of oil and gas companies are trading higher after Chinese refiners suspended October fuel exports, adding to the global refined products shortage as the Middle East conflict continues to tighten supplies. Also, the U.S. may send a third aircraft carrier strike group as President Trump mulls over additional attacks on Iran after the midterm elections.

UBS Maintains Buy on HF Sinclair, Raises Price Target to $133

UBS analyst Manav Gupta maintains HF Sinclair (NYSE:DINO) with a Buy and raises the price target from $126 to $133.

'Diesel falls sharply as EU considers releasing 50mn barrels under pressure from Trump; Trump has asked Europe to release at least 100mn barrels of diesel to the markets' - FT Exclusive

https://www.ft.com/content/97200b07-755c-40ce-a50b-b51666bd4b7e?syn-25a6b1a6=1

Shares of oil and gas refining and marketing companies are trading higher. Catalysts include EIA data showing a combined diesel and gasoline inventory drawdown of almost 4 million barrels, almost quadrupling the consensus estimate, and possible investor optimism that the Trump administration will avoid an outright ban on diesel exports amid corporate pushback.