5 Best Energy Stocks That Can Outperform After The Strait Opens

The "crack spread" is the difference between the cost of crude oil and the price of refined products like gasoline and diesel, representing a refiner's profit margin from processing crude. When oil prices peak and begin to stabilize or decline, refined product prices often remain relatively firm, allowing margins to expand. Therefore, refiners can outperform even after oil prices have rolled over, making them well worth a look amid the ongoing geopolitical headline noise.