Recent closes of the benchmark oil prices reached their highest levels since October 2014. The global supply crunch remains far from resolved and OPEC continues to plan for gradual increases in output, so analysts anticipate that oil prices will continue to rise. Marathon Petroleum (MPC), as well as Valero Energy The industry tailwinds are expected to help VLO. Which stock is better? Learn more. Marathon Petroleum Corporation (NYSE 🙂 is based in Finlay Ohio. It focuses primarily on refining and marketing petroleum products. It operates in two segments: Refining & Marketing; and Midstream. San Antonio’s Valero Energy Corporation (NYSE 🙂 is a company that manufactures, markets, sells and distributes fuels for transportation in the United States, Canada and the United Kingdom. It has three divisions: Renewable Diesel, Refining and.

Futures rose to $86.40 a barrel on October 26 while U.S. West Texas Intermediate crude oil settled at $84.65, their highest closing price since October 2014. Analysts expect oil price strength to continue through year’s end because the global supply crunch shows no signs of subsiding. OPEC+ also has rejected requests to increase its production faster. Oil prices will soon rise to $90 per barrel, according to analysts. Edward Moya (OANDA senior market analyst) stated that a jump to $90 per barrel is possible. VLO and MPC should both generate large returns, given the long-standing high prices of oil.

But while MPC’s shares have gained 28.7% in price over the past six months, VLO has gained 17.8%. In terms of their past year’s performance, MPC is the winner with 128.2% gains versus VLO’s 97%. Also, MPC’s 64.9% gains year-to-date compare with VLO’s 46.2% returns.

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