Navellier backs refining stocks; DINO leads 2026 energy rally
Jul 17, 2026, 6:26 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Rising refinery margins and strong DINO/PSX performance imply near-term upside; ETF risks may push some money into equities, reinforcing stock-driven gains historically seen when refining capacity is constrained.
AI summary
What happened, with direct paths to the underlying reporting
Navellier argues for selecting individual refiners over broad energy ETFs amid volatility, spotlighting PSX and DINO. A 2026 refining bottleneck and seasonal demand could keep margins elevated, supporting further gains in these names. ETF risks and oil-price dynamics remain key near-term watchpoints for performance.
Navellier favors individual refiners over energy ETFs. PSX and DINO cited as beneficiaries.
About 10% of global refining capacity offline, boosting margins. Refiners posting historic profits.
WTI around $80.24; forecast near $82 through Labor Day.
DINO +88.45% YTD; PSX +56.01% YTD.
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