Oil up 1 percent on Saudi and OPEC cuts but outlook picture clouded [CNBC]
Phillips 66 (PSX)
Last phillips 66 earnings: 5/1 07:00 am
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Source: CNBC
Oil up 1 percent on Saudi and OPEC cuts but outlook picture clouded Jean-Paul Pelissier | Reuters prices gained about 1 percent on Tuesday, supported by OPEC-led production cuts and U.S. sanctions against Iran and Venezuela, though remain wary of surging U.S. output and the outcome of U.S.-China trade talks. Brent crude West Texas Intermediate The continuing closure of parts of the Keystone pipeline that brings Canadian oil into the United States also helped to prop up WTI, traders said, after a partial shutdown at a Phillips 66 crude distillation unit led to initial sell-offs on Monday. Analysts said markets are tightening because of voluntary production cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, as well as U.S. sanctions on OPEC members Venezuela and Iran. Saudi Arabia, the world's top exporter and de facto leader of OPEC, said on Tuesday that it would reduce oil production to nearly 9.8 million barrels per day (bpd) in Mar
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News
- Commodity Roundup: Oil, gold firm ahead of U.S. GDP data, natgas down [Seeking Alpha]Seeking Alpha
- Phillips 66 (PSX) Gears Up for Q1 Earnings: What's in Store? [Yahoo! Finance]Yahoo! Finance
- First of its Kind Partnership Delivers a Waste Heat to Power Project That Will Reduce the University of Dayton's Carbon Footprint by More Than 70% [Yahoo! Finance]Yahoo! Finance
- Phillips 66's (NYSE:PSX) institutional investors lost 3.8% last week but have benefitted from longer-term gains [Yahoo! Finance]Yahoo! Finance
- Phillips 66 (PSX) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
PSX
Earnings
- 1/31/24 - Beat
PSX
Sec Filings
- 4/22/24 - Form PX14A6G
- 4/4/24 - Form 8-K
- 4/3/24 - Form ARS
- PSX's page on the SEC website