Macro Finance
Citgo Raises Profit Outlook by $2 Billion as Fuel Margins Surge
Bloomberg Markets·October 19, 2026·1 min read
Citgo Petroleum Corp., the Venezuelan-owned, US-based refiner, raised its 2026 operating profit outlook by $2 billion because of surging fuel margins, according to a document seen by Bloomberg News. The increase reflects stronger refining economics as gasoline and diesel demand outpaces supply, boosting margins across its US plants.
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