Valero sees refining margins remaining high this year; shares climb 4% (NYSE:VLO)

Valero gas station

Sundry Photography/iStock Editorial via Getty Images

Valero Energy (NYSE:VLO) +4.3% in Thursday’s trading after racing past Q4 profit estimates and then saying it expects elevated product margins will continue.

“We expect low product inventories and continued increase in product demand toearnings conference call

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