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Venezuela will supply oil to the U.S. indefinitely, sending U.S. oil and gas refining and marketing stocks higher. Valero Energy rose more than 4% to a record high, PBF Energy gained over 9%, and Phillips 66, Marathon Oil, and HF Sinclair each rose more than 3%.

07/01/2026 06:42 UTC
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Venezuela will supply oil to the U.S. indefinitely, sending U.S. oil and gas refining and marketing stocks higher. Valero Energy rose more than 4% to a record high, PBF Energy gained over 9%, and Phillips 66, Marathon Oil, and HF Sinclair each rose more than 3%.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.