Valero Energy Increases Refinery Capacity to 95% in Q2, Closes Benicia Fuel Production
Valero Energy (VLO) is operating its 13 U.S. and U.K. refineries at 92%-95% of their combined capacity of 3 million barrels per day, following the restart of its Port Arthur refinery and the permanent closure of its Benicia fuel production. This move reflects the company's strategic adjustments in response to market conditions.
Tickers: $VLO
Topics: capacity utilization Port Arthur refinery restart refinery operations U.K. refinery operations