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Valero Sees Fuel Margins Rising Again Despite Price-Cut Efforts

Bloomberg Markets Thursday 22 October 2026, 17:03 UTC By Will Kubzansky 1 min read
Key Points

Valero Sees Fuel Margins Rising Again Despite Price-Cut Efforts Fuel-making margins, which have dipped from a record, are poised to rise once again despite efforts by Washington to curb gasoline and diesel prices, a Valero Energy Corp. executive said on Thursday. Valero posted its largest profit on record last quarter, with $6.8 billion in net income. The third quarter is widely expected to prove exceptionally profitable for US refiners after fuel production became a critical pinch-point...

Valero Sees Fuel Margins Rising Again Despite Price-Cut Efforts Fuel-making margins, which have dipped from a record, are poised to rise once again despite efforts by Washington to curb gasoline and diesel prices, a Valero Energy Corp. executive said on Thursday. Valero posted its largest profit on record last quarter, with $6.8 billion in net income. The third quarter is widely expected to prove exceptionally profitable for US refiners after fuel production became a critical pinch-point amid broader energy market disruptions from the US-Iran war and Russia-Ukraine conflict.
Valero Sees (PERSON) Washington (LOCATION) Valero Energy Corp. (ORG) Valero (ORG) US (LOCATION) Iran (LOCATION) Russia (LOCATION) Ukraine (LOCATION)
Originally published by Bloomberg Markets Read original →

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