MarketWatch
US · 19 mins ago
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Investors should seek to profit from this overlooked sector, according to hedge-fund CIOs
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Hedge fund chief investment officers recommend investing in the refining sector, citing limited refining capacity and favorable pricing spreads that are unlikely to change quickly even with resolution of Iran-related sanctions.
Investors should seek to profit from this overlooked sector, according to hedge-fund CIOs
Refineries are expensive and time-consuming to build. The current spreads reflect the shortage of refining capacity and the end of the Iran crisis won’t change the pricing dynamic that quickly.
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