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Phillips 66 Misses First-Quarter Profit Estimates on Weak Margins

Phillips 66 Misses First-Quarter Profit Estimates on Weak Margins
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United statesLos angelesShounak dasguptaShinjini ganguliSourasis boseCompany los angeles refineryLos angeles refineryRefiner phillips

Phillips 66 misses first-quarter profit estimates on weak margins

(Reuters) -Refiner Phillips 66 missed quarterly profit estimates on Friday, hurt by a slump in refining margins following a decline in fuel prices. Refiner margins scaled back from the peaks achieved after Russia's invasion of Ukraine in 2022, amid a r.

United statesShinjini ganguliShounak dasguptaSourasis boseRefiner phillips

Asia Fuel Oil-HSFO slumps into discount on selling frenzy | Hellenic Shipping News Worldwide

Asia Fuel Oil-HSFO slumps into discount on selling frenzy | Hellenic Shipping News Worldwide
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Refiner Phillips 66 to boost investor returns by up to $12 B

Refiner Phillips 66 to boost investor returns by up to $12 B
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Bernardo fallasArunima kumarVinay dwivediMark lashierJoe bidenMaju samuelHolt coRefiner phillipsEfiner phillips 66 said it plans to return up 12b more shareholders by end 2024 through dividends and stock buybacksEnding its shares up as much 3

Phillips 66 plans to lay off 1,100 workers by end-2022

(Reuters) - Refiner Phillips 66 said on Wednesday, it plans to reduce its employee headcount by 1,100 to help cut costs and meet its savings target of.

Arunima kumarVinay dwivediRefiner phillips