We have well and truly gone past the supply shock of 2022, and at the onset of this year, hardly anybody was expecting the energy sector to be booming. However, the Energy Select Sector SPDR (XLE) soared 13% year to date as of Jul 31. The sector has been driven by fantastic growth in oil refiners who have benefited from favorable spreads between the price of oil and its distillates. But it has not been limited to refiners, with explorers and producers, equipment and services gaining ground as well. Geopolit ...