Valero Energy and Premcor Enter Merger
Valero Energy and Premcor have entered a merger agreement for Valero to acquire Premcor for $8 billion.
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Valero Energy and Premcor have entered a merger agreement for Valero to acquire Premcor for $8 billion.
Oil prices reached a record $57.50 a barrel with traders worried taht that OPEC's production increase won't live up to…