Valero Energy Corp- an independent and second-largest U.S. refiner to operate its 15 refineries at 79 per cent of combined throughput capacity of 3.15 million barrels per day during the third quarter of the year 2020.
- The Company suggested that its eight Gulf Coast refineries would operate in the range of 1.40 to 1.45 million barrels per day in Q3CY2020, in the wake of reduced demand for refined products.
- However, the refiner anticipates the demand to surge to match the pre-crisis level sometime in 2021.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.