Refiner Phillips 66 reported a smaller-than-expected loss on Friday as strength in its renewables segment offset a sharp ...

Phillips 66's realized refining margins averaged $6.08 a barrel in the fourth quarter of 2024, down from $8.31 for the prior ...

Phillips 66 reported a decline in Chemicals segment income and improved loss in Refining segment, with plans to return cash ...

Phillips 66 shares ... realized refining margin was $6.08/barrel, with most regions down about half from last year. Refiners make money on the difference between the price of crude oil and refined ...

Phillips 66's earnings fell sharply in the fourth quarter, hit by weaker refining margins and accelerated depreciation of its Los Angeles refinery, which it plans to close later this year.

Weak margins also pushed U.S. oil major Chevron's refining business into a ... compared with a profit of $859 million last year. Phillips 66 now expects heavy maintenance at its refineries in ...