BUZZ-US refiners gain as Wright says Washington aims to restart Venezuelan oil flows
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Shares of U.S. refiners rose in premarket trading following Energy Secretary Chris Wright's announcement that the U.S. aims to restart Venezuelan oil flows. President Trump confirmed a deal for Venezuela to export up to $2 billion worth of crude to the U.S., involving 30 to 50 million barrels of sanctioned oil. Notable gains were seen in Phillips 66 (up 3%), Valero Energy (up 5%), and Marathon Petroleum (up 3%). Brent crude futures increased by 11 cents to $60.81 per barrel.
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