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Did Valero’s Refining Margin Expand in Q2 2018?

Did Valero’s Refining Margin Expand in Q2 2018?

In the previous article, we saw that Wall Street analysts expect a stellar performance from Valero Energy (VLO) in the second quarter. Valero publishes regional refining crack indicators for four major areas: the US Gulf Coast (or USGC), the US Midcontinent, the US West Coast (or USWC), and the North Atlantic. Did Valero’s refining crack indicators surge?