#OOTT Pareto om Erik Kristiansen : Only a miracle can stop the oilprice! Arctic Ole Richard Hammer :Any hope on de-escalation seems unrealistic market needs to price -in more distrubtions. finansavisen.no/energi/2026/…

VALERO $VLO Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $46.10B (Est. $39.59B) 🟢 🔹 Adj. EPS: $23.90 (Est. $20.97) 🟢; +553% YoY Cash Flow & Returns: 🔹 Adj. Operating Cash Flow: $7.3B 🔹 Payout Ratio: 52% Segment Operating Income: 🔹 Refining: $8.8B 🔹 Renewable Diesel: $353M 🔹 Ethanol: $272M; +49% YoY Announcements: 🔹 The St. Charles FCC Unit optimization project was completed during the third quarter, on schedule and within budget. Other Q3 Metrics: 🔹 GAAP EPS: $23.89; +577% YoY 🔹 Refining Margin per Barrel: $39.24 🔹 Throughput: 3.0 million barrels per day Key Updates: 🔹 GAAP EPS of $23.89 includes $0.01 of Port Arthur Refinery fire expenses, excluded from adjusted EPS Comments: 🔸 “Our refineries operated at near-record utilization rates, providing a reliable supply of critical transportation fuels during the quarter.”

🇺🇸 Trump's Middle East envoy just delivered a stark message to America's Gulf allies. Amb. Tom Barrack said the post-WWII model in which Washington acted as the world's security guarantor is undergoing a fundamental realignment. Gulf states, he argued, need to increasingly protect themselves through regional partnerships. He specifically pointed to the emerging Saudi-Pakistan-Turkey defense partnership as the kind of diversification the region should pursue, even as the U.S. continues building up military forces around Iran. Barrack insisted America isn't abandoning the region: “We're not leaving.” But his broader message was unmistakable: “America as the guarantor to the world, for the last 80 years, it is no longer there.” Source: WSJ / Writer: Samuel