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0 0.000707463742483183 0.00176865935620789 0.00141492748496637 0.00459851432614075 -0.00990449239476481 -0.024761230986912 -0.0374955783516096
Stock impact report

Analysis-Venezuelan oil would boost US refiners, hurt Canadian producers [Yahoo! Finance Canada]

PBF Energy Inc. Class A (PBF) 
Last pbf energy inc. class a earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.pbfenergy.com
HOUSTON, Jan 6 (Reuters) - A full-scale resumption of Venezuelan oil exports would benefit refiners in the United States and lower their fuel production costs, with the refineries capable of absorbing most of the roughly 1 million barrels per day of crude that would trade freely if U.S. sanctions on the ?South American country are removed. The losers would be Canadian companies that sell a similar heavy oil as Venezuela, and small Chinese refiners, which would face higher costs if Venezuelan crude ?diverts to the U.S. U.S. President Donald Trump wants U.S. oil companies to spend billions of dollars to rebuild Venezuela's oil industry, which is dilapidated and producing well below its potential after decades of mismanagement and underinvestment. Trump has said the U.S. ?would run Venezuela and its oil sector after U.S. troops snatched President Nicolas Maduro from Caracas on Saturday and transported him to New York to stand trial on drug charges. U.S. GULF REFINERIES BUILT FOR H Show less Read more
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