PBF Energy experienced a strong upward surge driven by robust refining industry dynamics, positive sell-side analyst action, and expanding profit margins across the energy complex. The primary macro catalyst behind the sector-wide advance is the continued widening of global refining crack spreads, particularly in diesel and distillate products. Heightened geopolitical tensions in key energy-producing regions, paired with global supply tightness for refined fuels, have driven product prices higher relative to crude feedstock costs. Policy clarity confirming uninterrupted export channels for U.S. transportation fuels further removed regulatory overhangs, prompting institutional investors to aggressively bid up independent refining…