PSX Jan 2025 82.500 call
- Zacks
Here is What to Know Beyond Why Phillips 66 (PSX) is a Trending Stock
Phillips 66 (PSX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- Simply Wall St.
Phillips 66 First Quarter 2024 Earnings: EPS: US$1.74 (vs US$4.21 in 1Q 2023)
Phillips 66 ( NYSE:PSX ) First Quarter 2024 Results Key Financial Results Revenue: US$35.8b (up 4.1% from 1Q 2023). Net...
- Reuters
Traders scramble for US storage as distillates demand disappoints
Traders are rushing to fill up storage tanks along the U.S. East Coast with distillate fuels, like diesel and heating oil, data from storage broker The Tank Tiger showed on Monday, a sign of deepening oversupply that is weighing on refiners' profits. Largely warmer-than-expected winter weather in U.S. Northeast and Europe has cut distillates demand and hit refiners' margins across the globe in recent months, a factor that drove softer first-quarter earnings by oil majors and top independent refiners. Struggling to find outlets for their excess distillates, traders are scrambling to park it in storage tanks in New York Harbor, The Tank Tiger Chief Operating Officer Steven Barsamian said.
