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Home / Metal News / Bank of America Sees Historical High Earnings of Oil Refineries in Q1 2023

Bank of America Sees Historical High Earnings of Oil Refineries in Q1 2023

Apr 19, 2023 20:32

Source:SMM

Analysts at Bank of America said US refiners are poised to report their "best first-quarter results ever."

Analysts at Bank of America said US refiners are poised to report their "best first-quarter results ever."

The bank said it raised its forecast for first-quarter earnings per share for the refining sector by an average of 9% on crude crack spread.

Macro economy

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