Geopolitics Alpha

Still Not Dead – Valero Acquisition Breathes New Life into LyondellBasell’s Shuttered Houston Refinery

Published . Updated .

ENERGYStill Not Dead – ValeroAcquisition Breathes New Life intoLyondellBasell’s Shuttered Housto…GEOPOLITICS ALPHA

This report is about refining.

Directly affected

  • No company is named in this report.

Indirectly affected

  • CRAK VanEck Oil Refiners ETF

    VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.

  • XLE Energy Select Sector SPDR+12.1% 30d

    Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story.

  • VLO Valero Energy+0.7% 30d

    Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • MPC Marathon Petroleum+13.1% 9d

    Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • PSX Phillips 66+12.1% 30d

    Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

  • XOM ExxonMobil Holdings+13.4% 16d

    ExxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRAKNo price data for this ticker———————
XLE-0.51%-2.20%baseafter closeafter closeafter closeafter close
VLO+6.57%-2.89%baseafter closeafter closeafter closeafter close
MPC+5.85%-0.90%baseafter closeafter closeafter closeafter close
PSXNo price data for this ticker———————
XOM-1.45%-2.77%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Still Not Dead – Valero Acquisition Breathes New Life into LyondellBasell’s Shuttered Houston Refinery RBN Energy

Source: RBN Energy

Price since this story was published: Vaneck Etf Trust (CRAK)

CompanyWhenMoveStatus
Marathon Petroleum (MPC)three days earlier-0.90%final price
Marathon Petroleum (MPC)five days earlier+5.85%final price
Valero Energy (VLO)three days earlier-2.89%final price
Valero Energy (VLO)five days earlier+6.57%final price
Select Sector Spdr Tr (XLE)three days earlier-2.20%final price
Select Sector Spdr Tr (XLE)five days earlier-0.51%final price
ExxonMobil Holdings (XOM)three days earlier-2.77%final price
ExxonMobil Holdings (XOM)five days earlier-1.45%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who collects and who pays in energy

Companies tied to this story

  • CRAK Vaneck Etf Trust

    Vaneck Etf Trust (CRAK) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Still Not Dead – Valero Acquisition Breathes New Life into LyondellBasell’s Shuttered Houston Refinery.” Reason on file: VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Still Not Dead – Valero Acquisition Breathes New Life into LyondellBasell’s Shuttered Houston Refinery.” Reason on file: Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story

  • VLO Valero Energy

    For “Still Not Dead – Valero Acquisition Breathes New Life into LyondellBasell’s Shuttered Houston Refinery,” Valero Energy (VLO) is linked, with no stored direction, medium confidence. Reason on file: Valero Energy (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story

  • MPC Marathon Petroleum

    For “Still Not Dead – Valero Acquisition Breathes New Life into LyondellBasell’s Shuttered Houston Refinery,” Marathon Petroleum (MPC) is linked, with no stored direction, medium confidence. Reason on file: Marathon Petroleum (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story

  • PSX Phillips 66

    Phillips 66 (PSX) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Still Not Dead – Valero Acquisition Breathes New Life into LyondellBasell’s Shuttered Houston Refinery.” Reason on file: Phillips 66 (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story

  • XOM ExxonMobil Holdings

    In “Still Not Dead – Valero Acquisition Breathes New Life into LyondellBasell’s Shuttered Houston Refinery,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): refiners' margins move with crude and fuel prices. Linked by “refinery” (refining) in this story

How energy news reaches Vaneck Etf Trust (CRAK)

The 2 Nov 2026 story “Still Not Dead – Valero Acquisition Breathes New Life into LyondellBasell’s Shuttered Houston Refinery” names Vaneck Etf Trust (CRAK) because of Energy.

For Vaneck Etf Trust (CRAK), the reason on file says VanEck Oil Refiners ETF: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: it holds refiners, whose margins move with fuel prices. Linked by “refinery” (refining) in this story

Price levels for Vaneck Etf Trust (CRAK)

VLO traded between 377.49 and 461.55 across 20 sessions. The latest close on file is 399.69. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00.

How solid the energy case looks

46 out of 100

“Still Not Dead – Valero Acquisition Breathes New Life into LyondellBasell’s Shuttered Houston Refinery” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.