Tuesday, August 18, 2026
Phillips 66 reports fourth-quarter 2020 financial results- oil and gas 360

Phillips 66 reports fourth-quarter 2020 financial results

Oil and Gas 360     Fourth Quarter Reported a fourth-quarter loss of $539 million or $1.23 per share; adjusted loss of $507 million or $1.16 per share Generated operating cash flow of $639 million Completed Sweeny Hub Phase 2 expansion and the fourth dock at Beaumont Terminal Commissioned second dock and additional storage at South Texas Gateway Terminal Operated

Oil rises but remains rangebound as OPEC cuts offset virus fears-oil and gas 360

Oil rises but remains rangebound as OPEC cuts offset virus fears

Reuters SINGAPORE  – Oil prices edged up on Friday but traded in a tight range as demand concerns caused by new coronavirus variants and slow vaccine rollouts offset a cut in Saudi Arabian oil supply and falling U.S. oil inventories. Brent crude futures for March rose 60 cents, or 1.1%, to $56.13 a barrel by 1455 GMT. The Brent March