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Top related persons:
Mike Blake - 1 Lane Riggs - 1 Valero - 1 refiners - 1 TD Cowen - 1 Jason Gabelman - 1 Arunima Kumar - 1 Sriraj - 1
Top related locs:
Valero Encinitas , California U.S Saudi Arabia Russia Green Diesel Port Arthur U.S . East Coast San Antonio , Texas
Top related orgs:
Valero Energy Corporation - 1 REUTERS - 1 Companies Valero Energy Corp - 1 Refiner Valero Energy - 1 Valero - 1 Green Diesel - 1 U.S . - 1 Thomson - 1

Search resuls for: "Valero Energy Corporation"


2 mentions found


☆ Valero tops profit estimates in strong start to U.S. refiner earnings
  + stars: | 2023-10-26 | by ( Arunima Kumar | ) www.reuters.com   time to read: +2 min
The logo for Valero Energy Corporation is shown at a Valero gas station in Encinitas, California, U.S., May 2, 2016. REUTERS/Mike Blake/File Photo Acquire Licensing RightsCompanies Valero Energy Corp FollowOct 26 (Reuters) - Refiner Valero Energy (VLO.N) beat analysts' estimates for third-quarter profit on Thursday, powered by sustained fuel and refined products demand against the backdrop of tight supplies. For the current quarter, Valero expects refining throughput between 2.93 million and 3.04 million bpd. The Diamond Green Diesel Port Arthur plant, which started up in the fourth quarter of 2022, boosted the sales volumes, Valero said. The 3-2-1 crack spread, a proxy for refining margins, fell around 35% during the July-September quarter.
Persons: Mike Blake, Lane Riggs, Valero, refiners, TD Cowen, Jason Gabelman, Arunima Kumar, Sriraj Organizations: Valero Energy Corporation, REUTERS, Companies Valero Energy Corp, Refiner Valero Energy, Valero, Green Diesel, U.S ., Thomson Locations: Valero, Encinitas , California, U.S, Saudi Arabia, Russia, Green Diesel Port Arthur, U.S . East Coast, San Antonio , Texas, Bengaluru
☆ Want to play higher oil prices? Analysts back these stocks, giving one over 160% upside
  + stars: | 2023-04-03 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +5 min
OPEC+ oil producers announced output cuts of around 1.16 million barrels a day Sunday, sending oil prices higher . The surprise cut in production could boost oil prices to $100 a barrel and beyond , analysts said. It comes after oil prices dipped last month, falling to $70 per barrel — the lowest in 15 months. Kathleen Flynn | ReutersOPEC+ oil producers announced output cuts of around 1.16 million barrels a day Sunday, sending oil prices higher. The surprise cut in production could boost oil prices to $100 a barrel and beyond, analysts said.
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