Domestic energy and refining-related stocks are drawing investor attention by rising simultaneously during the morning session on the 24th. As international oil price volatility increases, a wave of buying is flowing into the refining and energy sectors overall.

Leading Energy Stocks Compete in Gains As of the morning of this day, SK Innovation was trading at 97,900 won, up 4.48% from the previous trading day. S-Oil also continued its strong performance, recording 103,800 won, up 2.27%. Mid- and small-cap refinery stocks joined the rally as well. Heungkuk Oil surged 4.13% to 10,080 won, Korea Shell Oil rose 3.28% to 488,000 won, and Michang Oil gained 2.06% to 129,100 won.

Crude Oil Supply-Demand and Middle East Situation as Key Momentum The market analyzes that changes in supply and demand in the international crude oil market, the Middle East situation, and expectations for a global economic recovery are the factors driving investor sentiment in energy stocks. In particular, there are forecasts that if crude oil prices are maintained above a certain level, expectations for improved profitability at refining companies will grow.

Recently, in the U.S. New York stock market, volatility expanded as profit-taking selling poured in centered on large-cap tech stocks, causing the Nasdaq index to fall more than 2%. However, in the domestic stock market, attention is relatively focused on cyclical stocks and energy stocks.

Second-Half Variables and Risks The industry views global crude oil demand forecasts for the second half and production policies of major oil-producing countries as key variables that will determine the future stock price trends of the energy sector. Refining companies' expansion of eco-friendly businesses and investments in batteries and renewable energy are also drawing attention as medium- to long-term growth drivers.

However, sudden changes in international oil prices, exchange rate fluctuations, and concerns over a global economic slowdown are cited as risk factors that could increase sector volatility. Investors are responding by examining both oil price trends and individual company earnings forecasts.

[※ This article was written with the assistance of AI based on publicly available data and market information. The content included in this article is reference material for investment decisions and does not constitute a buy or sell recommendation for any specific stock or guarantee any returns. The stock market may fluctuate due to various factors, so investment decisions should be made based on the investor's own judgment and responsibility. As there may be some interpretation errors or mistakes in the information during the AI analysis process, please be sure to verify regulatory filings and corporate announcements before making a final investment.]