VLO is trading 4.1% up at $270.07 as optimism over refining margins and tight fuel inventories continue to drive sector-specific strength.
- Analysts point to strong crack spreads and high refinery utilization expectations as key drivers for sustained earnings power.
- Lower U.S. crude inventories and improving broader market sentiment following eased geopolitical tensions provide additional macro support.
- The rally is primarily attributed to refining economics rather than specific corporate announcements.