Should You Buy Valero Stock in January 2026? The Bull Case for Oil Stocks in the New Year.

The refining sector has had a strong start to the year, and Valero Energy (VLO) has been among the leaders in this space. The shares in Valero Energy climbed to new 52-week highs in early January after yet another quarter in which the company performed well in terms of refining margin and cash returns. Analysts are also re-evaluating the entire downstream petroleum industry in light of shifting geopolitics, which are holding back supplies of heavy crude oils. Venezuela’s oil industry has re-entered the s ...