Valero's 380,000-barrel-per-day Port Arthur refinery suffered a fluid release that caused an explosion and fire, forcing a temporary shutdown, according to a filing with state pollution regulators. The outage removes a large U.S. refining unit and could tighten regional refined-product supply and push near-term gasoline/diesel prices higher; duration and restart timing were not disclosed.
Valero's 380,000-barrel-per-day Port Arthur refinery suffered a fluid release that caused an explosion and fire, forcing a temporary shutdown, according to a filing with state pollution regulators. The outage removes a large U.S. refining unit and could tighten regional refined-product supply and push near-term gasoline/diesel prices higher; duration and restart timing were not disclosed.
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