Return of Venezuelan crude could cut US fuel oil imports [Yahoo! Finance Canada]
Phillips 66 (PSX)
Last phillips 66 earnings: 5/1 07:00 am
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Source: Yahoo! Finance Canada
BENGALURU/LONDON Jan 27 (Reuters) - U.S. demand for imported fuel oil is set to fall this year as refiners snap up new flows of heavy Venezuelan crude, ?yielding more domestically produced fuel oil that can be processed into higher-value products such as gasoline and ?diesel. The ouster of Venezuelan President Nicolas Maduro in early January is expected to shift global oil flows as more supply from the South ?American country enters the market. This is creating new opportunities for complex U.S. refiners, particularly on the Gulf Coast, which have plants configured to run heavier crude slates and equipped with secondary units to upgrade the fuel oil they produce. Some of the additional 50 million Venezuelan barrels are set to enter global trade after U.S. President Donald Trump ?took control of the South American country's ?oil. Refiners Valero and Phillips 66 have already bought cargoes of Venezuelan crude, Reuters reported last week, as part of Washington's agreement with Car
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News
- Stay Ahead of the Game With Phillips 66 (PSX) Q4 Earnings: Wall Street's Insights on Key Metrics [Yahoo! Finance]Yahoo! Finance
- Higher Refining Margins Push Valero's Q4 Profit above Estimates [Yahoo! Finance]Yahoo! Finance
- Phillips 66 (PSX) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Return of Venezuelan crude could cut US fuel oil imports [Yahoo! Finance]Yahoo! Finance
- Phillips 66: Finally Positioned For A Refining Up-Cycle (With A Venezuela Kicker) [Seeking Alpha]Seeking Alpha
PSX
Earnings
- 10/29/25 - Beat
PSX
Sec Filings
- 1/20/26 - Form 4
- 1/20/26 - Form 4
- 1/20/26 - Form 4
- PSX's page on the SEC website