Valero posts profit well above estimates on stronger fuel demand

Valero posts profit well above estimates on stronger fuel demand
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28.01.2022

MOSCOW (MRC) -- San Antonio-based Valero Energy Corp, the second-largest US oil refiner, posted quarterly earnings well above expectations, as margins nearly tripled on the back of soaring demand for fuel thanks to a vaccine-induced economic recovery, reported Reuters.Gasoline and distillate consumption in the United States improved drastically in the last quarter of 2021, compared with t

Full article at mrcplast.com

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