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Stock impact report

US Unveils Strategy on Venezuelan Oil, Spurring Rush for Access [Yahoo! Finance]

Valero Energy Corporation (VLO) 
Last valero energy corporation earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: investorvalero.com
Company Research Source: Yahoo! Finance
administration said it would take control of as much as 50 million barrels, one of the largest unexpected supply flows in years. Most Read from Bloomberg NYC Fights Sale of Bankrupt Rentals After Mamdani Blasts Living Conditions We Still Don't Know if Robotaxis Are Safer Than Human Drivers New LA Home Designs, Reimagined By Fire The US strategy — announced initially in a late-night social media post Tuesday from President Donald Trump and more details coming Wednesday from Energy Secretary Chris Wright — thrusts the federal government into direct involvement in the international oil market and promises to reinvigorate flows of Venezuelan crude to American refineries after years of sanctions. The return of Venezuelan barrels to US buyers could mark one of the most significant shifts in global energy markets in recent years. It has already sent Canadian crude prices plunging and weighed on benchmark oil futures. The country has the world's largest oil reserves, but its produ Show less Read more
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