How to Profiteer off of War, A Brief
Posted: Apr 09, 2024
- War between Russia and Ukraine is impacting oil refining capacity - Ukrainian drone strikes have destroyed up to 15% of Russian oil refining capacity - This will likely lead to increased prices for refined oil - Look for oil refining companies as a potential investment opportunity - Consider investing in Marathon Petroleum Corporation (MPC) or Marathon Oil Corporation (MRO) - The reduction in global oil refining capacity is more significant than other impacted areas - Short term puts on MRO are recommended for potential profits - OPEC may cut production until June leading to increased crude prices - Potential for significant profits if OPEC boosts production or war ends and Russia floods the market with oil
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