The Global Fuel Crisis Has Arrived: Why 3 Refiners Could Be The Biggest Winners

Three U.S. refiners with Strong Buy ratings could be among the biggest winners in the global fuel crisis, as diesel hits a record high and gasoline prices remain elevated. Capacity constraints driven by geopolitical conflicts, combined with a tight California market, could further boost refining margins. Even if oil prices pull back, the opportunity may remain intact, with the diesel-crude crack spread reaching an all-time high, surpassing $100 per barrel.