U.S. refining capacity shrinks 4.5% as pandemic shuts plants

U.S. refining capacity last year fell 4.5% to 18.13 million barrels per day (bpd) from a record 18.98 million bpd a year earlier, the U.S. government reported on Friday, reflecting weak demand for motor fuels during the COVID-19 pandemic. Source: Industry Insights

Notable Monday Option Activity: LESL, MPC, JEF

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Leslie’s Inc (Symbol: LESL), where a total volume of 13,839 contracts has been traded thus far today, a contract volume which is representative of approximately Source: Industry Insights

US STOCKS-Futures rise as focus turns to Fed's inflation stance

S&P 500 futures hit a record high on Monday as focus shifted to the Federal Reserve’s meeting this week, where the central bank is expected to maintain its accommodative stance on monetary policy. Source: Industry Insights

Is Marathon Petroleum (NYSE:MPC) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, ‘The possibility of permanent loss is the risk I worry about… and every practical investor I know worries about.’ It’s only natural to consider a company’s balance sheet when you Source: Industry Insights

After Hours Most Active for Jun 9, 2021 : ABEV, MPC, VZ, PBR, AMC, TWTR

The NASDAQ 100 After Hours Indicator is down -2.4 to 13,812.54. The total After hours volume is currently 55,688,704 shares traded.The following are the most active stocks for the after hours session: Ambev S.A. (ABEV) is unchanged at $3.79, with 5,151,422 shares traded. ABEV’s Source: Industry Insights

Interesting MPC Put And Call Options For July 23rd

Investors in Marathon Petroleum Corp. (Symbol: MPC) saw new options become available today, for the July 23rd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MPC options chain for the new July 23rd contracts and identified one put and o Source: Industry Insights

INSIGHT-Three Exxon refineries top the list of U.S. polluters

Exxon Mobil’s U.S. oil refineries pump out far more lung-damaging soot than similarly-sized facilities operated by rivals, according to regulatory documents and a Reuters analysis of pollution test results. Source: Industry Insights

U.S. announces new security directives for pipelines after hack

The Department of Homeland Security issued a new security directive for pipeline owners and operators on Thursday after a hack of the Colonial Pipeline disrupted fuel supplies in the southeastern United States for days this month. Source: Industry Insights