The Latest Breaking News from Valero Energy Corporation

The Fed’s successive rate hikes have hit household wealth. Moreover, rate hikes against a slowing economic backdrop have increased the risk of recession. Amid this, we believe stable dividend stocks Pfizer (PFE), Merck & Co. (MRK), and Valero Energy (VLO) might be ideal investments. Read more….

Russia is likely to propose a significant reduction in output at the next OPEC meeting. Amid the supply crunch, JPMorgan expects Brent to head toward $100 a barrel in the coming months. Hence, fundamentally strong energy stocks Valero Energy Corporation (VLO), Marathon Oil Corporation (MRO), and APA Corporation (APA) might…

The stock market has been rallying lately with the decline in inflation in July from the multi-decade high level and robust economic data. However, with inflation remaining elevated and the rising geopolitical issues, the market could witness volatility in the months ahead. Therefore, it could be wise to invest in…

Valero Energy (VLO) and Shell (SHEL) have maintained strong momentum amid the highly uncertain market conditions. With recession fears expected to keep the market under pressure in the near term, it could be wise to buy these stocks now to benefit from their momentum, which might continue for some time…

Despite the recent retreat in oil and gas prices from their peaks, analysts expect energy prices to rise, driven by substantial demand and restricted supply. A surge in demand due to the reopening of China’s economy could boost oil and gas prices significantly. Given the industry tailwinds, we think it…

Oil prices have declined significantly from their highs earlier this year. However, with supply expected to remain short of demand in the near term, analysts expect Brent crude to average above the $100 mark. Hence, we think it might not be wise to exit fundamentally strong energy stocks Valero Energy…

Despite the macroeconomic headwinds driving massive volatility in the markets, resilient consumer spending and impressive earnings results restore investors’ confidence. Since the uncertainty is expected to persist for quite some time, investors could consider buying quality stocks, Mueller Industries (MLI), Marathon Oil (MRO), QUALCOMM (QCOM), and Valero Energy (VLO) for…

President Biden’s talk in the middle-east ended with no decision to raise OPEC+ oil output. Analysts believe that the oil demand-supply imbalance would keep prices up, and the proposed cap on Russian oil might raise them further. Hence, we think investors should scoop up energy stocks Adams Resources (AE) and…

Worries over the Fed’s hawkish stance to curb the rising inflation and growing recession risks have weighed heavily on market sentiment, causing the benchmark S&P 500 to tumble significantly. However, fundamentally sound S&P 500 stocks Occidental Petroleum (OXY), Hess (HES), Valero Energy (VLO), and Exxon Mobil (XOM) managed to gain…