The refining segment is expected to absorb between $350m and $450m of the mark-to-market losses.

By Nicole Jao NEW YORK, April 6 (Reuters) - U.S. refiner Phillips 66 said on Monday its first-quarter results were hit by a ...

Phillips 66 estimated nearly $1 billion in losses from its short position in oil and other related commodity derivative ...

The sharp increase in commodity prices during the first quarter resulted in a net outflow of approximately $3 billion of cash collateral on derivative positions'.

Jessica Domann has brought in more preventative care and created an external comprehensive cancer benefits guide for ...

Phillips 66 (PSX) closed the most recent trading day at $174.70, moving -1.48% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.08% for the day. At ...

Pain at the pump and pink slips piling up — Los Angeles is getting crushed from both sides. A Phillips 66 refinery shutdown is now hitting in real time, slamming drivers with sky-high gas prices while ...

Phillips 66 said Q1 results were smacked by a sharp increase in ‌commodity prices, leaving it with as much as $1B in pre-tax ...

Phillips 66 (NYSE: PSX) and Kinder Morgan, Inc. (NYSE: KMI) today announced an extension of the second open season for the Western Gateway Pipeline (Western Gateway), a newly proposed refined products ...

Jan 5 (Reuters) – U.S. refiner Phillips 66 said on Monday it had agreed to acquire the assets and infrastructure of Lindsey Oil Refinery in northern England following the site’s liquidation, and will ...

Phillips 66's Pasadena terminal operator is seeing more product from the Sweeny Refinery stay in Houston and being ...

A California judge last week ordered Phillips 66 to pay $195 million in damages for stealing trade secrets from a biofuel company. What happened: Alameda Superior Court Judge Michael Markman ruled ...