US refining profitability hits a record high due to declining capacity and strong demand. Crude oil reaching a new all-time high by December 31 at 11.5% YES.

Companies like Valero, Phillips 66 and Marathon Petroleum are benefiting from record margins for turning crude oil into fuel.

US refining profitability hits a record high due to declining capacity and strong demand. Crude oil reaching a new all-time high by December 31 at 11.5% YES.