Squeezed by rising price of oil, Valero reports loss
Posted: October 28, 2009 at 3:57 a.m.
The largest independent petroleum refiner in the U.S. said Tuesday that it lost nearly $500 million in the third quarter as it was caught between a rise in oil prices and a slump in American travel.
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Business, Pages 28 on 10/28/2009
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