Citgo Reports Record Profits as Wartime Refining Margins Boom
Bloomberg Markets
12 lis 2026, 14:30Crypto
1 min read
Citgo Petroleum Corp. reported its highest quarterly profits ever and raised its full-year outlook due to an unprecedented surge in fuel-making margins.
The Venezuela-owned, US-based refiner's exceptional performance comes as wartime refining margins continue to boom, creating favorable conditions for fuel producers.
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