Oil CEOs Get Olive Branch From Granholm in Gas-Price Huddle
(Bloomberg) -- The US energy chief struck a conciliatory tone in a high-stakes meeting with top oil executives to discuss soaring gasoline prices on Thursday, though the huddle yielded little progress on a plan to address the supply crunch. Most Read from ...
Bloomberg · 1d ago
Granholm and the oil industry collaborate -- positive outcome for refiners
Energy Secretary Jennifer Granholm met with executives from Exxon (XOM), Chevron (CVX), Shell (SHEL) and Marathon (MPC) Thursday to discuss a response to elevated prices at the pump. According to the
Seekingalpha · 1d ago
Senate Democrats propose reinstating the crude oil export ban
In a letter to the President Thursday, four Democrat Senators urged Biden to utilize "the full range of authorities at your disposal, including those under the National Emergencies Act and
Seekingalpha · 1d ago
Big oil executives to receive 'stern message' on gas prices from Biden administration
As a part of a range of actions this week on gas prices, the Biden administration has summoned seven of the nations top oil refining companies to Washington for a meeting.
Yahoo Finance · 1d ago
U.S. refiners to urge Biden administration not to ban fuel exports - Reuters
U.S. oil refiners will try to convince the Biden administration not to ban exports of domestic fuel to combat record-high gasoline prices during tomorrow's scheduled meeting with Secretary of Energy
Seekingalpha · 2d ago
Refining margins tick up as apparent attack knocks out Russian refinery
Two drones flying from the direction of Ukraine caused an explosion at Russia's Novoshakhtinsk oil refinery Wednesday, according to sources cited by Reuters. The refinery has capacity to process 7.5mtpa,
Seekingalpha · 2d ago
ExxonMobil (XOM) Negotiates With the US for Golden Pass Project
The Golden Pass LNG expansion project is on schedule, but ExxonMobil (XOM) is seeking approval to start up before the due date.
Zacks · 2d ago
The Zacks Analyst Blog Highlights Marathon Petroleum, Phillips 66 and Valero Energy
Marathon Petroleum, Phillips 66 and Valero Energy have been included in this Analyst Blog.
Zacks · 2d ago
Refiner Phillips 66 stock rallies more than 6% in best performance since late 2020
Phillips 66 stock rose more than 6% in midday trading Tuesday, on track for its largest percentage increase since Dec. 4, 2020, when it rose 6.6%. The refiner's stock traded as high as $96.10, making it the fourth best performer in the S&P 500 index. Conoc... · 3d ago
Exxon says energy markets to remain tight for years - will the world listen this time?
In 2020 Exxon (XOM) CEO Darren Woods was excoriated by investors, industry and policy makers alike. As shares dipped towards $30, investors clamored for capital spending cuts. Peers like BP
Seekingalpha · 3d ago
Refining margins continue rally, as policy supports higher prices near term
US refining margins continue to march higher, as the ongoing supply crisis is compounded by talks of stimulating demand and cutting exports:  Weekly reports from the Department of Energy have
Seekingalpha · 3d ago
Energy Stock Valuations Are Coming Down. Should You Buy?
There are a number of reasons why the current weakness could be a godsend.
Zacks · 3d ago
Goldman Sachs Lowers Valero Energy's Price Target to $109 From $113, Maintains Sell Rating
MT Newswires · 3d ago
Biden nears decision on federal gas tax holiday
WTI crude prices (CL1:COM) have eased from $120 to $110 a barrel over the past week, while the national average gas price dipped under $5 a gallon, but the cost
Seekingalpha · 3d ago
Surge in U.S. renewable diesel supply won't offset loss of petroleum diesel
Surge in U.S. renewable diesel supply won't offset loss of petroleum diesel
Reuters · 3d ago
Gas prices are headed to $6 by Labor Day – here are the main reasons why
Shrinking refinery capacity and U.S. stockpiles, and there's little Biden can do. · 4d ago
Three steps you can take to fight soaring gas prices: Morning Brief
Gas prices are at a record high nationwide, but there are a few things consumers can to ease the pain at the pump.
Yahoo Finance · 6d ago
How We Captured Profits In VLO Stock Before Energy Sputtered
Lock in profits before they disappear. Here's how our swing trading strategy saved us from trouble in this energy stock.
Investor's Business Daily · 06/17 19:20
$100 Invested In This Stock 20 Years Ago Would Be Worth $1,200 Today
Valero Energy (NYSE:VLO) has outperformed the market over the past 20 years by 6.26% on an annualized basis producing an average annual return of 13.09%. Currently, Valero Energy has a market capitalization of $45.54 billion.
Benzinga · 06/17 17:03
White House weighs oil product export restrictions
According to sources cited by Bloomberg, the White House is weighing oil product (gasoline, diesel, etc.) export limits. The limits under consideration would fall short of a comprehensive ban, according
Seekingalpha · 06/16 22:03
Webull provides a variety of real-time VLO stock news. You can receive the latest news about Valero Energy through multiple platforms. This information may help you make smarter investment decisions.
About VLO
Valero Energy Corporation (Valero) is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero segments include Refining, Renewable Diesel and Ethanol. The Refining segment includes the operations of its petroleum refineries, the associated marketing activities, and logistics assets that support its refining operations. The Renewable Diesel segment sells renewable diesel to the refining segment. The Ethanol segment includes the operations of its ethanol plants, the associated marketing activities, and logistics assets that support its ethanol operations. Valero owns 15 petroleum refineries located in the United States (U.S.), Canada and the United Kingdom (U.K.), and 12 ethanol plants located in the Mid-Continent region of the U.S. The Company is also a joint venture partner in Diamond Green Diesel (DGD), which owns and operates a renewable diesel plant in Norco, Louisiana.