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Why High Oil Prices are Bad for Western Refining (WNR)

Started by tfn · 1 year ago

“Take a look at the chart of Western Refining (WNR:NYSE)… High oil prices have been disastrous for WNR.” — Andrew Mickey

by Andrew Mickey

Baltimore — (TFN): Oil hits $140 and could be going to $200. Buy oil stocks. Oil prices go up, oil stocks go up too, right?

Actually, that statement couldn’t be further from the truth.

Take [...] ... Continue reading »

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