Crude oil shipments in limbo as U.S. orders sanctions on Venezuela
Top U.S. buyers of Venezuelan crude oil are in a fix as they now have to return millions of barrels of crude oil due to sanctions on the South American nation, implemented on Jan 28 this year on its state-run energy firm PDVSA.
According to a Reuters report, PDVSA’s U.S. refining subsidiary Citgo Petroleum Corp and Valero Energy (VLO) want to return 2 million barrels of crude oil loaded before the sanctions. On the other hand, another U.S. oil company, Chevron Corp (CVX), unsuccessfully attempted to pay for 4.3 million barrels. Both of these were rejected by the U.S. Office of Foreign Assets Control, which oversees sanctions.
Chevron, the second-largest U.S. oil firm in terms of market value, further attempted to take the oil shipments in lieu of loans and dividends stemming from joint ventures with PDVSA. But it is unclear whether PDVSA would accept the offer as the sanctions forbid it to accept payments. As a result, cargoes loaded at Venezuelan ports before the sanctions now remain stranded.
As of March 8, 11 loaded vessels reportedly remained anchored off ports in Venezuela, two other CVX-chartered cargoes were stuck off the U.S. Gulf Coast and a third was returned to Venezuela’s Amuay terminal.
VLO in upward trend: price may jump up because it broke its lower Bollinger Band on June 17, 2026
VLO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 29 cases where VLO's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 26, 2026. You may want to consider a long position or call options on VLO as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for VLO just turned positive on June 26, 2026. Looking at past instances where VLO's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
VLO moved above its 50-day moving average on June 25, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where VLO advanced for three days, in of 348 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 313 cases where VLO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where VLO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. VLO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 52, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.519) is normal, around the industry mean (46.862). P/E Ratio (20.663) is within average values for comparable stocks, (29.723). VLO's Projected Growth (PEG Ratio) (4.084) is slightly higher than the industry average of (1.936). Dividend Yield (0.016) settles around the average of (0.059) among similar stocks. P/S Ratio (0.691) is also within normal values, averaging (0.508).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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General Information
a company that engages in manufacturing and marketing of transportation fuels, other petrochemical products and power
Industry OilRefiningMarketing
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