shares close higher to start 2026 as oil settles near $60
NEW YORK, Jan 3, 2026, 16:59 ET — Market closed
- Valero shares last closed up 1.55% at $165.31 on Friday; U.S. markets are shut Saturday.
- Oil settled slightly lower as traders weighed oversupply worries against geopolitical risks; OPEC+ meets Sunday.
- Valero’s next earnings report is scheduled for Jan. 29, before the opening bell.
Valero Energy Corp shares rose 1.55% to close at $165.31 on Friday, the first trading day of 2026. U.S. equity markets were closed on Saturday.
The early-year tape matters for refiners because investors are resetting positions after crude posted its steepest annual drop since 2020. Refining stocks often trade on expectations for fuel margins, not just the direction of oil.
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