Valero Energy Corporation
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52.672.38 (4.73%)

After hours: 52.800.13 (0.25%) as of 7:59 PM EDT

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Prev Close50.29
Bid52.70 x 100
Ask52.80 x 100
52wk Range46.88 - 73.88
Day's Range49.95 - 52.78
Avg Vol (3m)6,206,655
As of 4:01 PM EDT. Market closed.
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  • Reuters6 hours ago

    Valero says biofuels blending costs could double in 2016

    Valero Energy Corp, the largest U.S. refiner, expects to get hit with a half-billion-dollar bill in the second half of the year thanks to the rising cost of meeting government mandates to blend biofuels. For the full year, the company's cost to blend renewable fuels like ethanol will swell to between $750 million to $850 million, mainly to pay for the paper credits used to meet the U.S. biofuels program, the Renewable Fuel Standard (RFS), the San Antonio, Texas-based refiner said on Tuesday as it reported second-quarter results. The RFS program requires oil refiners and importers to blend more renewable fuel or buy paper credits in an opaque, sometimes volatile market.