Phillips 66 Stock News

HOUSTON--(BUSINESS WIRE)--Phillips 66 executive management will host a webcast at noon EDT on Friday, April 29, 2022, to discuss the company's Q1 2022 financial results.

Oil prices are soaring, providing support for the energy sector's status as the best-performing group in the S&P 500. Shares of oil refiners are getting in on the act.

Flotilla Of 12 Tankers Carrying Russian Oil Are Approaching The US At a time when the mere thought of Russian vodka or caviar, let alone oil or gas, prompts uncontrollable shaking and revulsion, Reuters reports that no less than 12 tankers carrying Russia-linked cargoes of crude and refined products were approaching the United States on Wednesday, as suppliers rushed to deliver ahead of the U.S. government’s deadline to wind down Russian energy purchases, data from traders and Refinitiv Eikon showed. While the US recently banned Russian energy product imports due to the invasion of Ukraine, Washington’s ban gives importers a 45-day window until April 22 to discharge cargoes moving under pre-ban contracts. At least one tanker heading to the United States and carrying fuel oil has diverted, and at least two others that stopped at Russian terminals are awaiting discharge at U.S. ports. Despite the ban, Vortexa data analyzed by energy strategist Clay Seigle showed that U.S. crude and products arrivals from Russia are provisionally forecast at 18 million barrels, or 597,000 barrels per day (bpd) on average this month.

Is the time ripe for Plug Power to succeed?

OPEC's monthly oil report came out today, and it has a warning.

OPEC's monthly oil report came out today, and it has a warning.

When the going gets tough, you can count on these two energy plays to see your portfolio through.

These companies are expected to produce rapid growth for sales and earnings, and have high dividend yields well-covered by cash flow.

All energy sectors have been volatile, but the general direction has been up, with an excellent long-term setup for investors.

In the latest trading session, Phillips 66 (PSX) closed at $80.77, marking a -0.54% move from the previous day.

Investors may have turned for a moment from Russia's aggression in Ukraine to energy and supply shortages in the U.S. that are producing high inflation.

U.S. indices traded sharply higher Wednesday amid continued volatility on Ukraine-Russia concerns. A pullback in oil prices following the recent crude rally has helped alleviate some concerns of risin

Valero Energy (VLO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more streng

Prior to the invasion of Ukraine by Russia and the levying of numerous sanctions on Russia by the U.S., members of Congress purchased defense and energy stocks. Here’s a look at the trades. What Hap