$PBF

Venezuela has been the second-largest source of US crude oil imports for 18 consecutive weeks, according to the US Energy Information Administration. In the week ending 21 August 2026, Venezuela shipped 662,000 barrels per day, behind Canada's 3.53 million bpd. Major US refiners, including Valero, Chevron, and Citgo, are purchasing Venezuelan crude, which is heavy and sour, suitable for Gulf Coast refineries. The trade is legal under US Treasury licenses issued in 2026, but risks include potenti

PBF Energy Inc. rose 6.4% to $70.78 on Wednesday, along with sector peers CVI, DK, and DINO, due to improved sentiment in the oil refining sector. No specific catalyst was identified, but macro factors may be driving the gains. Trading volume was high at 869,453 shares, and the company's market cap reached $8.4 billion. The sector has shown volatility recently, with sharp swings tied to commodity prices and capacity trends.

The EPA will allow an early transition to winter-grade gasoline starting September 1. The move is expected to have a limited impact on CPI, with a 10-cent drop in gasoline prices reducing the index by about 0.07 percentage points. U.S. refiners' shares advanced, with Marathon Petroleum, Valero Energy, PBF Energy, and Phillips 66 trading above their 50-day moving averages. Marathon reported a significant increase in refining margins and strong fuel demand. Analysts' price targets are below curren

PBF Energy Inc. fell 6.2% to $69.33 despite Goldman Sachs raising its price target to $81 (up from $71) while keeping a Neutral rating. The decline occurred on high volume, suggesting investor skepticism about the refining sector's near-term prospects, despite the upgraded target. The company has an $8.2B market cap and operates in the volatile Oil & Gas Refining & Marketing space.

Nimbley Thomas J. sold 341,008 shares of PBF Energy Inc. (PBF) at an average of $74.42 ($73.73–$75.05, $25.38M total) across 3 trades over 2026-08-17 to 2026-08-19.

Control Empresarial de Capitales S.A. de C.V. sold 120,000 shares of PBF Energy Inc. (PBF) at $74.79 ($8.97M total) on 2026-08-17.

The 3-2-1 crack spread, a refining margin benchmark, reached ~$69/barrel, driven by global refining capacity disruptions. Companies like Valero (VLO), Marathon (MPC), Phillips 66 (PSX), PBF Energy (PBF), and HF Sinclair (DINO) reported strong Q2 earnings, with VLO at $12.54 EPS and MPC returning $2.8B to shareholders. Analysts note potential downside risks if spreads narrow.

Energy stocks neared record highs, with the S&P 500 Energy Sector Index up 1.8% on Tuesday, potentially closing at an all-time high. Investors anticipate persistent geopolitical risks and supply constraints, driving gains. Chevron and ExxonMobil reported significant earnings growth, with Chevron expecting $12.5B in additional free cash flow by 2026. Analysts see energy stocks as attractively valued due to rising earnings and potential long-term supply issues.

US energy stocks rose toward a record as oil climbed on concerns over US-Iran talks. The S&P 500 Energy Sector Index gained up to 1.8% and was set for a record close. Brent neared $91 and WTI about $85. Chevron and Exxon reported sharp YoY EPS and profits, while Valero, PBF and HF Sinclair posted strong results.

Investing.com reports U.S. insider trades disclosed Monday. Apollomics (APLM) saw CEO Hung-Wen Chen buy about $7.55M and CFO Peter Lin buy $400k. Cardinal Infrastructure (CDNL) had multiple buys totaling about $6.48M. Dyne (DYN), Butterfly Network (BFLY), Kinetik (KNTK), and PBF Energy (PBF) reported large sales.