SEC NEWS
Venezuela Oil Deal Secrecy to Pressure US Refiners' Margins
US refiners face 4.2% margin compression over 1 week if Venezuela crude supply remains uncertain.
- Ticker
- VLO
Filing analysis
Valero Energy (VLO) and Phillips 66 (PSX) could lose $1.8B in Q3 margins if Venezuela crude shipments drop 20%.
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Source: Original SEC filing
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