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Valero Energy reported record quarterly profits as fuel margins are poised to rise despite government price-cut efforts. Geopolitical disruptions and strong market fundamentals support high crack spre
Valero Energy reported Q2 adjusted profit of $12.54 per share, beating estimates, as refining margins surged 102% due to increased U.S. fuel export demand from Middle East tensions.
Valero Energy plans to operate its US and UK refineries at up to 95% capacity in the second quarter following the Port Arthur unit restart. Strong Q1 earnings and high refining margins resulted from g
Valero Energy exceeded Q1 profit expectations driven by widening refining margins amid Middle Eastern supply disruptions. The company also advanced a $230 million FCC optimization project while report
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