Citgo Raises Profit Outlook by $2 Billion as Fuel Margins Surge

Citgo Petroleum Corp., the Venezuelan-owned, US-based refiner, has raised its 2026 operating profit outlook by $2 billion because of surging fuel margins, according to a document seen by Bloomberg News.

Citgo Petroleum Corp., the Venezuelan-owned, US-based refiner, has raised its 2026 operating profit outlook by $2 billion because of surging fuel margins, according to a document seen by Bloomberg News.