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Posts related to ‘NYSE: VLO’

The Ethanol Paradox: Higher Prices on Lower Demand

Posted: July 16, 2012 at 11:27 am

Hot, dry weather in the nation’s main corn-growing region have pushed corn prices to nearly $7.80/bushel this morning, a level not reached since last September. About 40% of the US ...
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US Crop Forecasts Cut

Posted: July 11, 2012 at 10:56 am

The US Department of Agriculture today lowered its estimate of the US corn crop by 20 bushels/acre, from 166 to 146. The cut comes as hot, dry weather continues to ...
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East Coast Oil Refinery Will Not Close

Posted: July 2, 2012 at 12:58 pm

The oldest refinery on the US East Coast will not be closing in August. The refinery’s owner, Sunoco Inc. (NYSE: SUN) today announced that it would form a joint venture ...
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More Bad News on US Corn Crop (VLO, CORN)

Posted: June 28, 2012 at 1:56 pm

Analysts at Dutch-based Rabobank have predicted that US corn prices could rise another 25% by the end of the year on lower yields due to hot, dry weather. That would ...
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24/7 Wall St. Closing Bell — June 19, 2012 (AKS, INTC, VLO, CPST, MSFT, ORCL, BKS, FDX, JEF, DFS, ADBE, JBL, JKS, GAGA, WAG, PBR, AFFX)

Posted: June 19, 2012 at 4:07 pm

The three major US stock indexes opened higher this morning as markets ignored a steep rise in short-term Spanish debt and focused instead on some encouraging news on new housing ...
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Is Oil Refining a Zombie Industry? (DAL, PSX, VLO, MPC, TSO, HFC, WNR, CVI, CG, XOM, CVX, BP, PBR)

Posted: June 14, 2012 at 11:46 am

When Delta Air Lines Co. (NYSE: DAL) agreed to buy an oil refinery from Phillips 66 (NYSE: PSX), the transaction underscored a shift that has been taking place in refinery ...
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Refinery Sale Suddenly In Jeopardy (PSX, COP, DAL, SUN, ETP, CG, CVX, VLO, XOM, BP, CVI)

Posted: June 7, 2012 at 1:24 pm

In December 2011, before the spin-off of Phillips 66 (NYSE: PSX) from ConocoPhillips (NYSE: COP), Conoco was believed to be trying to sell its 247,000 barrel/day Belle Chase, Louisiana, refinery ...
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Outlook for Oil Refiners “Reasonable” Says Fitch (VLO, MPC, PSX, TSO, WNR, HFC, XOM, CVX, COP, BP)

Posted: June 5, 2012 at 2:36 pm

The current drop in crude oil prices is putting a little more cash in the pockets of consumers at the expense of the big integrated oil and refining companies. The ...
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After the Fall: Value in Oil Stocks (XOM, CVX, BP, SLB, HAL, BHI, VLO, MPC, TSO, OIH, XOP)

Posted: May 22, 2012 at 11:11 am

The month-long slide in crude oil prices has chopped the share price of many of the biggest names in the oil patch. Exxon Mobil Corp. (NYSE: XOM) is about -4% ...
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Valero May Sell Shuttered Aruba Refinery to China (VLO, PTR, DAL, HES, CHK)

Posted: May 9, 2012 at 3:17 pm

In a filing yesterday with the Securities and Exchange Commission, oil refiner Valero Energy Corp. (NYSE: VLO) said that it has accepted an offer of $350 million plus working capital ...
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As Crude Prices Fall, Are Refiners Going to Benefit? (HFC, WNR, VLO, TSO, MPC, PSX, SUN)

Posted: May 7, 2012 at 9:57 am

As of about 9:30 this morning, Brent crude is trading at its lowest price in three months, and the price differential between Brent and WTI crude closed to about $12/barrel ...
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24/7 Wall St. Closing Bell (WPI, AZN, ANF, SPWR, YGE, COST, MERU, ACI, VECO, PBY, ADM, CPO, AVP, DPZ, PFE, VLO, ABX, JDSU, MRO, FSLR, V, PFCB, DAL, CHK)

Posted: May 1, 2012 at 4:03 pm

The major US stock indexes opened flat this morning but started to move higher following the better-than-expected ISM report on manufacturing (our coverage here). Construction spending in the US was ...
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24/7 Wall St. Closing Bell (TRP, DMD, ARII, CHK, KFT, DG, KALU, LDK, HUM, SNH, SOHU, ACI, ADM, RATE, BRCM, DPZ, ODP, PFE, SIRI, VLO, BKS, SUN, PAY)

Posted: April 30, 2012 at 4:13 pm

The major US stock indexes opened slightly lower this morning and continued drifting lower all day. The Chicago PMI report got the day started on the wrong foot, showing a ...
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24/7 Wall St. Closing Bell (AAPL, FSLR, VLO, TIF, C, CMA, GS, JNJ, MMR, GWW, YHOO, SYK, STX, URI, SRSL, ENOC, LEE)

Posted: April 17, 2012 at 4:07 pm

Markets opened higher this morning and by late-morning equities were trading down about 1.5% across the board, where they have mostly remained for the rest of the day. An upbeat ...
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Firms Approved to Make E15 Ethanol (ADM, BIOF, VLO)

Posted: April 3, 2012 at 7:23 am

The US Environmental Protection Agency yesterday released a list of 20 companies that have been approved to manufacture ethanol for use in blending the 15% ethanol-gasoline blend known as E15. ...
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