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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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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.

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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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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.

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