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Entering text into the input field will update the search result below Quick Insights The sector gained 11.67%, driven largely by Middle East tensions and war-related supply disruptions that raised crude oil and refined product prices. APA and ConocoPhillips led, gaining 21.87% and 21.23%. Their shares were especially sensitive to oil prices, and more analysts raised than lowered earnings expectations for both.
Valero fell 2.15%. Strategic reserve releases and relief from Russian sanctions weighed on the refiner, while investors may have anticipated peak-cycle conditions and lower spreads