The Zacks Oil and Gas - Refining & Marketing industry will benefit from the tight balance between supply and demand for products. Even with the establishment of new refineries, global demand growth is expected to outpace the production of refined products. The global refining capacity, including new installations, and the demand for refined products remain finely balanced. In this favorable market environment, downstream firms such as Valero Energy (VLO) , Murphy USA (MUSA) and PBF Energy (PBF) are well-pos ...