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American Oil Refiners Are Printing Money as Wars Shrink Global Energy Supplies

Summary by BizToc
The earnings of independent fuel makers Valero Energy, Marathon Petroleum and Phillips 66 are set to crush the near-record results of the June quarter.
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Since the petrol pumps, one must admit a strong tendency to see things in negative and the reservoir more than half empty. Iran, Ukraine, the Strait of Ormuz... The oil no longer flows. Money so, says the Opinion: "for American refiners carried by conflicts". The profits of the largest companies...

Independent fuel producers Valero Energy, Marathon Petroleum and Phillips 66 will spray the near record levels of their financial results in the quarter ended at the end of June

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BizToc broke the news on Friday, October 9, 2026.
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