Marathon Petroleum Climbs 5%, Valero Energy Gains 4% as Refiners Outrun Integrated Majors; Exxon Mobil Stays Flat
Refining stocks are breaking away from the integrated oil majors, and the gap places the bid directly on fuel margins. Marathon Petroleum (NYSE:MPC) stock has risen 5% to $413.75 this afternoon. Also, Valero Energy (NYSE:VLO) shares are climbing 4% to $403.25, moving in step with the other large independent refiner. Exxon Mobil (NYSE:XOM) stock is […]
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