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Stock impact report

Is Valero Energy (VLO) Among the Top Oil and Gas Stocks to Invest in According to Hedge Funds? [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
this article, we are going to take a look at where Valero Energy Corporation (NYSE:VLO) stands against oil and gas stocks to invest in according to hedge funds. With a record average production of 12.9 million barrels per day in 2023, the United States is the Biggest Oil Producing Country in the World . Every year, the indigenous production of oil and gas helps save American consumers an estimated $203 billion, or $2,500 for each family of four. Moreover, the oil and gas industry supports over 12 million American jobs, provides billions of dollars in tax revenue, and ensures energy security. READ ALSO: 11 Best Cannabis Stocks to Invest In Global Demand for Oil in 2023 According to OPEC, the global oil demand increased by 2.5 million barrels per day (mb/d) in 2023 to average 102.2 mb/d, surpassing pre-pandemic levels for the first time. The major part of this uptick came from the non-OECD countries, which posted YoY growth of about 2.4 mb/d to average 56.4 mb/d, surpassing pre- Show less Read more
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