Oil stock price forecast sentiment is currently supported by rising refinery margins, up 4% month-on-month. Traders are hedging long positions in upstream stocks as the market approaches seasonal demand peaks. NEW YORK (Reuters) -Oil prices settled down about 2% at the lowest in four months on Thursday, extending a run of declines into a fourth day, due to concerns about oversupply in the market ahead of a meeting of the OPEC+ group over the weekend. - Investors now focused on the September 7 meeting of OPEC and its allies for output signals Transportation fuel demand data supports a higher floor price in the short term.
