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Crude oil at $122 is good news for refiners Valero (VLO), Sunoco (SUN), Holly (HCO)

July 30, 2008 · Filed Under Oil and Energy · Comments 
Refiners Valero (VLO), Sunoco (SUN), Holly (HCO) are up on falling crude oil prices.  If predictions of OPEC’s president come to pass, we could see oil back at $70 — and U.S. refiners in the green! by J. Christoph Amberger Baltimore — (TFN): Oil prices fell below $122 a barrel “on expectations that the surge in energy [...]