Valero posts smaller-than-expected loss, pins recovery hopes on vaccine rollout

Valero posts smaller-than-expected loss, pins recovery hopes on vaccine rollout
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29.01.2021

MOSCOW (MRC) -- US refiner Valero Energy Corp posted a much smaller quarterly loss than Wall Street expected and pinned hopes on widespread COVID-19 vaccinations to ease travel restrictions and improve demand for fuel, accoring to Hydrocarbonprocessing.Crude prices have continued to climb after rallying more than 20% in the last quarter, driven by optimism over the development of coronavi

Full article at mrcplast.com

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