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EconomyValero posts record quarterly profit as refining margins surge, setting strong tone for US refiners

Valero Energy reported its highest-ever quarterly profit on Thursday, topping Wall Street expectations. Disruptions caused by the Middle East conflict drove refining margins sharply higher in the third quarter.

Valero EnergyUS refinersquarterly profitrefining margins

RReuters★★★☆☆2026-10-22 13:45Original

Valero posts record quarterly profit as refining margins surge, setting strong tone for US refiners
Valero posts record quarterly profit as refining margins surge, setting strong tone for US refinersEconomy