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Not sure why CVX lowering guidance would have anything to do with VLO, because it sure didnt have much of an effect on its peers like COP, MRO, XOM, they are barely even touched, MRO is actually green now.
MRO is no longer in the refining space. Need to look at MPC, which was spun off from MRO.
Also, COP is not a refiner. PSX is.
You misunderstood....CVX's peers are COP, MRO, XOM, BP, RDS and the like....they are barely affected by the CVX drop.....so why should VLO be affected by CVX if its peers are not???