Valero Energy Approaches Full Capacity Amid Strong Demand
Strong refinery operations typically lead to higher profit margins, historically benefiting VLO's performance.
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Strong refinery operations typically lead to higher profit margins, historically benefiting VLO's performance.
What happened, with direct paths to the underlying reporting
Valero Energy is currently running its 13 refineries at 95% capacity, totaling 3 million barrels per day. This high utilization rate suggests strong demand for refined products, which could boost profit margins in the near term.
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