Exchange: NYSEArca·Updated 07:59 PM EDT
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CRAK VanEck Oil Refiners ETF

$64.26
$0.09
(0.14%)
Today
Closed $64.26
$0.3375
(0.53%)
After Hours
Vol536,749.00
52W High$68.37
52W Low$37.26
35

Bearish Sentiment

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NicholasABrown
$CRAK | (FT) - Diesel prices will not return to normal for more than a year, according to US oil and gas executives surveyed by the Federal Reserve Bank of Dallas. https://www.ft.com/content/0d74d66a-a9ee-4c22-83ab-9df6452117de?syn-25a6b1a6=1
2
Techdamentals
$CRAK Refining margins have been unusually strong this year, and the reason has little to do with any single company. Three of the world's refining regions stopped supplying the market inside seven months. Everyone still running captured the gap. Conditions like that tend not to hold, which is worth remembering when a quarter from this group looks remarkable.

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