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As of Sep 22, 9:34 PM ET ·
VLO News30 articles
Brent Settles at $104.61 as Diesel Shortage Keeps Refining Margins Elevated
Brent crude's Friday retreat to $104.61 doesn't ease energy inflation as distillate stocks near five-year lows, keeping diesel cracks high and impacting refiners and transport sectors.
Commodities
Diesel Tops $6 as Gasoline Hits $4.30: Inflation Risks Mount
Gasoline at $4.295 and diesel above $6 signal fresh inflation risks as crude's geopolitical premium overrides softer demand.
Commodities
Brent Surges Past $106, But Energy Stocks Show Mixed Reaction
Brent crude jumped nearly 6% to $106.94 on Thursday, but energy stocks showed mixed results as XLE dipped while upstream-focused XOP gained, reflecting market nuances.
Commodities
Tech Futures Slide as Oil Climbs Past $90 on Middle East Tensions
U.S. stock futures slipped in early trading as Brent crude rose above $90, with energy stocks gaining while tech futures weakened.
Markets
Futures Mixed as Oil Surges Past $90 on U.S.-Iran Tensions
U.S. stock futures were mixed in early premarket trading on Monday, with energy shares rising as Brent crude topped $90 after U.S.-Iran clashes.
Markets
Early Gasoline Rule Shift Threatens Refiners' Premiums
EPA's early switch to winter-grade gasoline could erase $22B in refiner valuation premiums for VLO, MPC, PSX. Pump prices may drop, but margins face pressure.
Regulation
SK Hynix's $28.6B Buyback, Carlsberg's Outlook, and Valero's Record High
SK Hynix announces $28.6B buyback, Carlsberg lifts 2026 outlook, Valero nears record on diesel margins, and Lyntris IPO prices below range.
Markets
Valero Stock Rally Stalls as Diesel Margins Hit Record $93.84
Diesel margins hit a record $93.84, boosting Valero's earnings, but the stock rally may be overextended as it trades above most price targets.
Commodities
Drone Escalation Strains Russian Fuel Market as Novorossiysk Port Reopens
Drone attacks are squeezing Russia's fuel market even as Novorossiysk resumes crude exports. Refining capacity has fallen to near two-decade lows, boosting diesel margins and refiner stocks.
Commodities
Reserve Shield Fails to Halt Rupee Slide as Oil Surge Tests RBI
India's record $707B reserves couldn't prevent a weekly rupee decline and Nifty drop, as rising oil prices and import demand test the central bank's policy shield.
Markets
Marathon Petroleum Pulls Back After Rally Pushes Shares Past Analyst Targets
Marathon Petroleum shares fell 0.7% after a 20% weekly surge, trading 13.3% above the consensus target. Strong Q2 earnings and robust buyback projections underpin the rally.
Markets
Refiners' Record Cash Hoard Puts Pressure on Phillips 66 to Deploy Capital
U.S. refiners delivered their strongest quarterly profit since 2022, lifting Phillips 66 near record highs, but the stock now trades above analyst targets, putting capital allocation in the spotlight.
Markets
Trump Demands Fuel Price Cuts from Big Oil After Record Profits
President Trump pressures Exxon and Chevron to cut retail fuel prices after their combined Q2 profits surged to $26.6 billion, raising political scrutiny on the sector.
Markets
Brent Crude Dips on China-Led Peace Efforts, Refiners Hit Record Margins
Brent crude fell nearly 4% to $96.78 on Friday amid China-led peace initiatives, but U.S. refining margins hit a record above $70/barrel, lifting refiner shares beyond consensus targets.
Commodities
Brent Crude Tops $100 After Saudi Tanker Hit in Red Sea
Brent crude rose above $100 after a Saudi tanker was attacked in the Red Sea, threatening an alternative route to the Strait of Hormuz.
Commodities
Crude Breaches $100 as Red Sea Tanker Attack Rattles Markets; Energy Equities Lag
Brent crude jumped 6.7% to $100.37 after a Red Sea tanker attack, but U.S. energy stocks rose only modestly, suggesting investors view the event as a temporary disruption.
Commodities
US Refiners Surge as Diesel Margins Hit Record on Hormuz Disruptions
US refiners surged last week as diesel margins hit record highs, with a basket of Valero, Marathon Petroleum, and Phillips 66 jumping over 10%.
Commodities
Marathon Petroleum's Market Cap Soars $8.5B on Record Refining Margins
Marathon Petroleum's market value surged $8.5 billion as refining margins hit record highs, driving shares up 10.2% to a 52-week high.
Markets
Valero Hits Record High as Refining Margins Surge Ahead of Q3
Valero Energy (VLO) shares surged to a record close of $309.65, fueled by record-high U.S. refining margins and investor optimism about Q3 performance.
Markets
US Diesel Hits $5.088 as Geopolitical Tensions Boost Refiner Margins and Shipping Costs
US diesel prices hit $5.088 per gallon, with the premium over gasoline nearly doubling from last year, driven by geopolitical tensions rather than domestic demand.
Commodities
Oil Majors and Refiners Surge as Fuel Margins Drive Earnings Boom
Oil majors and refiners saw strong gains as fuel margins, not just crude prices, drive Q2 earnings expectations. Exxon and Chevron combined adjusted net income is forecast at $25.8 billion.
Commodities
U.S. Refiners Outperform as Crack Spreads Hit Record Highs
U.S. refiners Valero, Marathon, and Phillips 66 gained 6% on average last week, outpacing the energy sector as crack spreads hit a record $64.58/bbl amid tight fuel supplies and geopolitical tensions.
Commodities
Diesel Premium Hits $80 as Geopolitical Tensions Roil Oil Markets
Oil futures brace for volatility after U.S.-Iran strikes threaten Hormuz shipping, while diesel margins hit $80, highlighting a widening gap between crude and refined product prices.
Commodities
Russia's Diesel Export Ban Cuts Global Supply by 583,000 Barrels Daily
Russia's diesel ban removes 583,000 bpd from global supply, squeezing U.S. inventories and boosting refining margins for major players.
Commodities
Refiners Surge as Crack Spreads Hit Record High
Large U.S. refiners outperformed crude and the energy sector this week, with the NYMEX 3-2-1 crack spread hitting a record $64.58 a barrel, driven by tight capacity and strong exports.
Commodities
Gas Station Margins and Fuel Supply Crunch Draw Investor Focus
Russian refinery strikes cut crude processing 25% in June, squeezing gasoline supply. U.S. gas station margins rise, with Casey's and Murphy USA posting strong fuel profits.
Markets
Refiners Outperform Oil Majors in June as XLE Weights Shift
Valero Energy and Marathon Petroleum posted gains in June, outperforming major oil companies, as the Energy Select Sector SPDR Fund declined 4.8%.
Markets
Energy Sector Decouples from Oil as Diesel Margins and Norway Lockout Shape Divergent Trends
Brent crude plunged 10.86% last week, but the XLE ETF slipped only 0.4%, signaling a decoupling. Refiners gain from tight diesel margins, while oilfield services face headwinds from a Norway lockout and rising U.S. rig counts.
Markets
U.S. Gasoline Prices Surge to $4.30 Amid Iran Tensions and Refinery Snags
Gasoline prices rose to $4.30 a gallon, the highest since 2022, as the Iran war and refinery problems boosted crude costs. Record U.S. oil output hasn't prevented the surge.
Commodities
Phillips 66 Surprises with Q1 Profit as Refining Margins Strengthen
Phillips 66 posted a surprise Q1 adjusted profit of $0.49 per share, beating estimates of a loss, as robust refining margins and 95% utilization offset $839 million in hedge losses. Shares rose over 6%.
Earnings