PSX
NYSE · Energy
Phillips 66
$171.56
+3.25 (+1.93%)
PSX News16 articles
U.S. Gasoline Prices Surge to $4.30 Amid Iran Tensions and Refinery Snags
Gasoline prices rose to $4.30 a gallon, the highest since 2022, as the Iran war and refinery problems boosted crude costs. Record U.S. oil output hasn't prevented the surge.
Phillips 66 Surprises with Q1 Profit as Refining Margins Strengthen
Phillips 66 posted a surprise Q1 adjusted profit of $0.49 per share, beating estimates of a loss, as robust refining margins and 95% utilization offset $839 million in hedge losses. Shares rose over 6%.
Marathon Petroleum Shares Surge Ahead of Q1 Earnings Amid Refining Margin Spike
Marathon Petroleum shares climbed 3.2% to $240.05 ahead of its Q1 earnings, as fuel margins surged and peers Phillips 66 and Valero posted strong results.
US Gasoline Average Surges to $4.23 as Iran Strait Crisis Tightens Supply
US gasoline prices surged to $4.229/gallon Wednesday, up 21 cents in a week, as Brent crude topped $114 on Iran Strait of Hormuz disruptions and Midwest refinery outages.
Oil Jitters Test AI Rally: Nvidia, GM, Hilton in Focus
U.S. stock futures edged lower Tuesday as oil prices stayed elevated due to the U.S.-Iran standoff. Nvidia hit a record high, while GM and Hilton raised outlooks.
Oil Prices Rally on Strait of Hormuz Bottleneck Despite Truce
Oil prices climbed Thursday as traffic through the critical Strait of Hormuz stayed severely constrained, with only seven vessels transiting in 24 hours. Brent crude rose 1% to $95.65, while WTI surged 3.2% to $97.39.
Oil Soars on Hormuz Closure, Gas Tops $4; Wall Street Eyes $150
Oil prices surged with Brent crude approaching $115 a barrel after an attack on a Kuwaiti tanker closed the Strait of Hormuz, disrupting global supply. The U.S. national average for gasoline has surpassed $4 a gallon.
Gasoline Futures Surge 6% on Middle East Supply Fears, Pump Prices Follow
NYMEX gasoline futures surged 6% Thursday as Middle East tensions threaten supply, with AAA reporting a 27-cent weekly jump at the pump to a $3.25 national average.
Gasoline Prices Surge as Middle East Tensions Disrupt Oil Flow
U.S. retail gasoline prices climbed sharply as Middle East tensions disrupted oil shipments through the Strait of Hormuz, lifting fuel stocks and prompting major banks to raise crude price forecasts.
U.S. Gasoline Prices Surge Past $3 Amid Middle East Supply Fears
U.S. gasoline prices surged above $3 per gallon Tuesday, driven by a sharp rally in crude oil due to escalating Middle East tensions. Refiner stocks advanced as fuel margins expanded.
Gasoline Futures Rally on Tight Supply, Pump Prices Poised to Climb
U.S. gasoline futures held a significant weekly gain near $2.01 a gallon, supported by a substantial inventory draw and rising demand. The national average pump price sits at $2.92, with refiners Valero and Phillips 66 seeing share gains.
Oil Markets Brace for Supply Shifts as Venezuela Sanctions Ease, OPEC+ Mulls Output Hike
Energy markets prepare for a volatile week with potential supply increases from Venezuela and OPEC+ discussions, while delayed U.S. inventory data adds uncertainty. Major oil shares showed mixed performance.
ConocoPhillips Leads Energy Rally as Middle East Tensions Spike Oil
ConocoPhillips shares climbed 4.2% to $118.24, leading U.S. oil majors higher after Brent crude surged 6.7% to $77.74 a barrel due to Middle East supply disruptions. The U.S. government is expected to announce measures Tuesday to address the price shock.
ConocoPhillips Leads Energy Rally as Middle East Tensions Fuel Oil Surge
ConocoPhillips shares climbed 4.2% to $118.24, leading U.S. energy stocks higher as Brent crude oil prices surged 6.7% to $77.74 per barrel amid escalating Middle East tensions and supply disruptions.
ConocoPhillips Rises on Oil Price Spike Amid Middle East Tensions
ConocoPhillips shares climbed alongside a sharp rise in oil prices after military actions in the Middle East disrupted supply. Market focus shifts to tanker flows through the Strait of Hormuz and upcoming U.S. inventory data.
ConocoPhillips Rises as Middle East Tensions Fuel Oil Price Surge
ConocoPhillips shares advanced alongside a sharp rally in oil prices following military strikes in the Middle East that disrupted supply routes. Market focus shifts to tanker movements through the Strait of Hormuz.