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Stock impact report

Exclusive-US refiner Valero to import up to 6.5 million barrels of Venezuelan crude in March, sources say [Yahoo! Finance Canada]

Valero Energy Corporation (VLO) 
Last valero energy corporation earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: investorvalero.com
By Nicole Jao, Shariq Khan, Marianna Parraga and Arathy Somasekhar NEW YORK, Feb 13 (Reuters) - Valero Energy is set to buy up to 6.5 million barrels of Venezuelan crude in March bound for its Gulf Coast refineries, making it the top foreign refiner of the OPEC country's oil ?since the United States captured President Nicolas Maduro in January, sources said on Friday. Valero was among the first U.S. refiners to resume imports of ?Venezuelan crude after the United States struck a flagship $2 billion oil supply deal with the country's interim government and began to ease sanctions. If Valero succeeds in snapping up 10 or more cargoes ?next month, equivalent to around 210,000 barrels per day, it could surpass U.S. oil major Chevron as the top U.S. refiner of Venezuelan crude. That would also be the most Venezuelan crude oil Valero would process since the United States first sanctioned the country's oil industry in January 2019. Chevron, the only U.S. major producing oil in Venez Show less Read more
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