Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers

Crude oil moved above the $100-per-barrel level on Sept. 10, setting up a week focused on consumer price inflation (CPI) data that could reflect higher gasoline prices. At the same time, the CME FedWatch tool put September rate-hike odds at about 70%, contributing to a sell-off that hit technology stocks as investors reduced risk. The article says money is not leaving markets—it’s shifting toward oil-linked strategies. It highlights integrated producers like ExxonMobil and Chevron, then pivots to refiners benefiting from a widening crack spread. Phillips 66 (PSX) reported Q2 2026 EPS of $9.41 versus a $7.50 estimate on $52.04 billion revenue, while Valero (VLO) posted $12.54 EPS versus $10.11 and revenue up 48.8%.