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Market Chatter: Valero Energy Partially Restarts Operations at its Port Arthur, Texas Oil Refinery

-- Valero Energy (VLO) has partially restarted operations at its Port Arthur, Texas oil refinery after an explosion and fire on March 23 lead to a shutdown, Reuters reported Thursday, citing two people familiar with the matter.

While the production line from the AVU 147 crude distillation unit is operating, Valero is still repairing the heater in the AVU-146 crude distillation unit and keeping that production line shut until the work is complete, according to the report.

Valero did not immediately respond to' request for comment on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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