3 Indian Refining Stocks With P/E Gaps And Margin Exposure
The sudden 60 day rollback of U.S. oil sanctions on Iran, and the potential release of about 67 million barrels of crude, has put emerging market refiners under a fresh spotlight. With Chinese refiners expected to step up Iranian oil purchases and dollar transactions becoming easier, the economics of crude sourcing and refining margins could shift quickly. For investors looking at how this news might influence refining and petrochemical stocks, this article walks through three stocks from our...
The sudden 60 day rollback of U.S. oil sanctions on Iran, and the potential release of about 67 million barrels of crude, has put emerging market refiners under a fresh spotlight. With Chinese refiners expected to step up Iranian oil purchases and dollar transactions becoming easier, the economics of crude sourcing and refining margins could shift quickly. For investors looking at how this news might influence refining and petrochemical stocks, this article walks through three stocks from our...
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