Oil Analyst Diesel Margins to Moderate But Remain Above Pre-Pandemic Averages 24 July 2025 | 5:09PM EDT Yulia Zhestkova Grigsby +1(646)446-3905 | yulia.grigsby@gs.com Goldman Sachs & Co. LLC Daan Struyven +1(212)357-4172 | daan.struyven@gs.com Goldman Sachs & Co. LLC Ephraim Sutherland +1(972)368-0395 | ephraim.sutherland@gs.com Goldman Sachs & Co. LLC Investors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures, ...

Indian private refiner Reliance Industries purchased a shipment of Abu Dhabi’s flagship Murban crude in recent days on an Intercontinental Exchange Inc. platform https://t.co/qW6l14MKwi ...

Thursday, July 24, 2025Markets started the session mixed, and not much changed through the course of the trading day. The blue-chip Dow followed its +500-point Wednesday by selling off -316 points, -0.70%. The S&P 500 and the Nasdaq were both up modestly, +0.07% and +0.18%, respectively. The small-cap Russell 2000, which had been starting to draw even with the better-performing indexes, fell -1.3% on the day.Services & Manufacturing PMI Mixed in JulyS&P Services PMI for July came in nicely above expectation ...

European Union measures to restrict imports of Russian fuel and surging supplies of lighter crude are driving diesel up prices across the world, the boss of Europe’s largest oil refiner said https://t.co/o7oaj37MDB ...

Exploring Digital Asset Strategies to Inform Future Capital InnovationWOODS CROSS, Utah, July 23, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy company focused on sustainable resource recovery, is pleased to announce the launch of a crowdfunding offering by its wholly owned subsidiary, Foreland Refining Corporation. Shifting fuel markets across the Western U.S. are creating a unique opportunity for regional producers. Nevada currently imports a ...

Wall Street analysts forecast that Phillips 66 (PSX) will report quarterly earnings of $1.63 per share in its upcoming release, pointing to a year-over-year decline of 29.4%. It is anticipated that revenues will amount to $30.54 billion, exhibiting a decrease of 21.5% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of ...

Shipowners and oil traders are staying away from Russia-backed Nayara Energy as part of the fallout faced by the Indian refiner, after it was singled out in the latest round of European Union sanctions https://t.co/7oMiwjoUam ...

The long-term survival of the refiners will likely hinge on crude import quotas from Beijing, giving them access to cheaper oil that will help mitigate razor thin margins https://t.co/KLx6M4ZZqd ...

Core Viewpoint - The market anticipates a year-over-year decline in Valero Energy's earnings due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Valero Energy is expected to report quarterly earnings of $1.76 per share, reflecting a year-over-year decrease of 35.1% [3]. - Revenues are projected to be $27.84 billion, down 19.3% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 3.01% higher in the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +1.22% suggests analysts have recently become more optimistic about Valero's earnings prospects [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Valero currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Valero was expected to post earnings of $0.43 per share but delivered $0.89, resulting in a surprise of +106.98% [13]. - Over the past four quarters, Valero has beaten consensus EPS estimates three times [14]. Conclusion - Valero Energy is positioned as a compelling earnings-beat candidate, but investors should consider other factors influencing stock performance beyond earnings results [17].

Core Insights - The International Energy Agency (IEA) report indicates that seasonal changes in crude oil production are driving refinery output to increase by 3.7 million barrels per day from May to August to meet summer travel demand in the Northern Hemisphere [1] Industry Summary - The increase in refinery output is a response to the anticipated rise in travel during the summer months, highlighting the seasonal nature of oil production and refining activities [1]