Phillips 66 is a diversified energy manufacturing and logistics company that focuses on the refining, transportation, and marketing of petroleum products. The company operates a network of refineries that produce a wide range of fuels and petrochemical products, contributing to the energy supply chain. Additionally, Phillips 66 is involved in the development of midstream and downstream activities, including the transportation of crude oil and refined products through pipelines and terminals. The company's operations emphasize safety, reliability, and environmental stewardship as they meet the energy needs of their customers while fostering innovation in energy technologies. Read More
The global crude oil market is currently in a state of flux, experiencing a notable decline in prices as of October 2025. Benchmark crude futures, including West Texas Intermediate (WTI) and Brent, have fallen to multi-month lows, a downturn primarily fueled by a significant outlook of oversupply and a strengthening
New York, NY – October 14, 2025 – The global crude oil market is currently in the throes of a significant downturn, with benchmark prices plummeting to multi-month lows. This sharp dip is largely attributed to a potent combination of a strengthening U.S. dollar and a burgeoning outlook for substantial oversupply
The global crude oil market is on the cusp of a significant shift, with prevailing forecasts pointing towards an anticipated oversupply in the fourth quarter of 2025. Contrary to earlier concerns of tightening, robust production growth from non-OPEC+ nations, coupled with moderating global demand, is setting the stage for substantial
The S&P 500 Energy sector finds itself at a fascinating crossroads, demonstrating a complex interplay of volatility and strategic importance as the broader market experiences a significant rebound. While the overall S&P 500 has been flirting with record highs, largely propelled by technology and consumer discretionary giants, the
Valero Energy Corporation (NYSE: VLO) continues its steadfast commitment to shareholder returns, with its upcoming quarterly dividend declaration anticipated around October 28, 2025. This consistent policy of returning capital to investors, exemplified by its most recent payment of $1.13 per share on September 2, 2025, translates to an attractive
The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of $1.20 per share on Phillips 66 common stock. The dividend is payable on Dec. 1, 2025, to shareholders of record as of the close of business on Nov. 17, 2025.
US crude oil inventories have seen a significant and unexpected surge in early October 2025, with commercial crude stocks rising by a substantial 3.7 million barrels in the week ending October 3, 2025. This build, far exceeding analyst expectations, typically signals weakening demand and casts a bearish shadow over
Phillips 66 (NYSE: PSX) provided an update on its progress toward idling operations at its Los Angeles refinery in furtherance of the company’s efforts to redevelop these real estate sites. The final waterborne crude was received on Sept. 30, and the final crude processing date is expected to be around Oct. 16.
The global commodity landscape leading up to September 25, 2025, presents a complex picture of significant price surges in key sectors, driven primarily by escalating geopolitical tensions, persistent climate-related supply disruptions, and robust demand for critical materials. While the International Monetary Fund's Global Price Index of All Commodities reflected an
Stay updated with the movements of the S&P500 index one hour before the close of the markets on Thursday. Discover which stocks are leading as top gainers and losers in today's session.
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Wednesday. Uncover the top gainers and losers in today's session for valuable insights.
Phillips 66 (PSX) shows a strong technical breakout setup with a bull flag pattern. A move above $134.41 could signal a new leg higher, supported by positive trends and market momentum.
Phillips 66 (NYSE: PSX) executive management will host a webcast at noon ET on Wednesday, Oct. 29, 2025, to discuss the company’s third-quarter 2025 financial results, which will be released earlier that day.
Phillips 66 (NYSE:PSX) announced today that Sean Maher has been appointed vice president of investor relations and chief economist, effective Oct. 1. Maher succeeds Jeff Dietert, who has elected to retire after eight years of service with the company.
Phillips 66 to acquire remaining 50% stake in WRB Refining LP from Cenovus Energy for $1.4 billion, gaining full ownership of two US refineries and simplifying operations.
Phillips 66 (NYSE: PSX) announced today that it has entered into a definitive agreement to acquire the remaining 50% ownership interest in WRB Refining LP from subsidiaries of Cenovus Energy Inc. for total cash consideration of $1.4 billion, subject to customary purchase price adjustments.
