# Valero sees rising gasoline, diesel demand as it seeks to replace Russian feedstocks

> Valero reported better-than-expected Q1 earnings of $905 million, citing strong gasoline and diesel demand and refinery closures that have cut supply. The company is replacing Russian fuel oil and VGO feedstocks, now banned from US imports since April 24, with barrels from the Middle East and South America.

- Date: 2022-04-26 · published 2022-04-26T12:00:00.000Z
- Category: geopolitics · region US · magnitude medium
- Page: https://feedsoft.ai/events/8173-valero-sees-rising-gasoline-diesel-demand-as-it-seeks-to-replace-russian
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

The US ban on Russian feedstocks and refinery rationalization tighten product supply, supporting diesel and gasoline cracks. Refiners competing for replacement barrels could keep product prices firm.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-03-02 | [Diesel and Gasoline Prices Rise on Iran Strikes - TT](https://feedsoft.ai/events/8776-diesel-and-gasoline-prices-rise-on-iran-strikes-tt.md) | +36.4% | +69.9% |
| DIESEL | 2025-09-24 | [Diesel Traders Bet on Price Spike as Russia Refineries Hit - TT](https://feedsoft.ai/events/23065-diesel-traders-bet-on-price-spike-as-russia-refineries-hit-tt.md) | -0.1% | -5.3% |
| DIESEL | 2022-03-08 | [Global diesel prices soar as bans on Russian supplies add to tightness](https://feedsoft.ai/events/4724-global-diesel-prices-soar-as-bans-on-russian-supplies-add-to-tightness.md) | -17.0% | -7.9% |
| DIESEL | 2026-07-14 | [Russia, Strait of Hormuz combining to drive diesel higher after declines - FreightWaves](https://feedsoft.ai/events/12185-russia-strait-of-hormuz-combining-to-drive-diesel-higher-after-declines.md) | +7.1% | +9.3% |
| DIESEL | 2026-08-26 | [Diesel Prices: It’s a Refining Crisis, Not Crude](https://feedsoft.ai/events/18074-diesel-prices-it-s-a-refining-crisis-not-crude.md) | +11.5% | +15.5% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/crude-oil/042622-valero-sees-rising-gasoline-diesel-demand-as-it-seeks-to-replace-russian-feedstocks

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.