PremiumWill Kubzansky and Nathan Risser (with assistance from Barbara Powell and Lucia Kassai)Washington Post·31 Jul, 2026 01:05 AM3 mins to readValero leads US refiners to record profits as fuel prices stay high. Photo / Getty ImagesValero Energy Corp has reported its most profitable quarter on record as measured by earnings per share, while PBF Energy Inc and HF Sinclair Corp reported the best profits since 2022 and 2023 respectively.

Next week, other refining giants like Phillips 66 and Marathon Petroleum Corp are set to