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Stock impact report

Valero's Venezuelan Crude Deal Reshapes Feedstock Flexibility And Margins [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
Valero Energy (NYSE:VLO) has secured imports of Venezuelan crude under a new U.S. approved export agreement. The arrangement gives Valero access to additional heavy crude supplies for its Gulf Coast refineries. This development affects how U.S. refiners source feedstock and could influence product output and fuel oil usage. Valero is one of the largest independent refiners in the U.S., with a heavy presence on the Gulf Coast and a focus on turning crude into gasoline, diesel, jet fuel, and other products. Access to Venezuelan crude adds another feedstock option alongside existing imports and domestic barrels. For you as an investor, this type of supply shift can matter for refining margins, utilization rates, and operating flexibility. Looking ahead, the key questions are how consistently these Venezuelan volumes flow and how they compare in quality and cost to Valero's other crude sources. The new agreement may influence how Valero configures its refineries, manages fuel oil Show less Read more
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