Latin American Oil Finds New Buyers as Canadian Pipeline Shifts Flows [Yahoo! Finance Canada]
Valero Energy Corporation (VLO)
Last valero energy corporation earnings: 4/29 06:30 am
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Source: Yahoo! Finance Canada
(Bloomberg) -- Refiners on the US Gulf Coast are increasingly turning to Latin American heavy crude as Canada's recently expanded Trans Mountain pipeline reroutes global oil flows. Most Read from Bloomberg Signs of the shifting tides include Mexican state oil company Pemex recently buying Colombian oil for its refinery in Texas and American refiner Valero Energy Corp. scooping up Colombian grades that typically sail to India and China. North American fuelmakers have seen their typical supplies thin out as the expanded Trans Mountain pipeline sends more of Canada's crude to the Pacific Coast. At the same time Pemex is keeping more Mexican crude to run its new Dos Bocas refinery, according to market participants, who spoke on condition of anonymity. In recent weeks, some Latin American oil grades that typically flow to California are also making their way to the Gulf Coast, according to Argus market data. Trans Mountain has helped raise prices for Canadian crude, making Latin
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News
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- Valero Energy Co. (NYSE: VLO) had its price target lowered by analysts at Barclays PLC from $146.00 to $140.00. They now have an "overweight" rating on the stock.MarketBeat
- Valero Energy Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year [Yahoo! Finance]Yahoo! Finance
- Valero Refining Company fined record $82 million for history of toxic releases at Benicia refinery [CBS News]CBS News
VLO
Earnings
- 10/24/24 - Miss
VLO
Sec Filings
- 11/13/24 - Form 3/A
- 11/8/24 - Form 3
- 11/8/24 - Form 4
- VLO's page on the SEC website