Home Business News Phillips 66 beats quarterly estimates as Iran war boosts US refining margins

Phillips 66 beats quarterly estimates as Iran war boosts US refining margins

Phillips 66 beats quarterly estimates as Iran war boosts US refining margins

Written By:
Published: August 6, 2026 00:15:07 IST

Add NewsX As A Trusted Source

By Pooja Menon Aug 5 (Reuters) – Phillips 66 reported a nearly fourfold jump in second-quarter profit on Wednesday, crushing Wall Street estimates, as the Middle East conflict squeezed global fuel

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

RELATED News

US Justice Department raises antitrust concerns over proxy advisers

Activist investor Starboard takes stake in Shake Shack, source says

Kraft Heinz raises forecasts, but turnaround efforts struggle to excite investors

Google shakes up AI leadership as DeepMind chief shifts role

Analysis-US stock market could ride earnings strength to more gains after S&P 500 hits record

LATEST NEWS

BRIEF-Accell Says Initiating Local Insolvency Proceedings Of Relevant Group Subsidiaries

Major Wall Street firms targeted in attempted cyberattacks, sources say

Vehicles believed to be carrying Infantino, Grafstrom depart FIFA crisis meeting in Morocco

Iran's president says interaction with supreme leader is currently 'very difficult'

Major Wall Street firms targeted in attempted cyberattacks, sources say

Phillips 66 beats quarterly estimates as Iran war boosts US refining margins

Vollering wins sprint to take Tour de France Femmes stage five, Reusser stays in yellow

BRIEF-World Bank Group Debars United Aviation Services Limited And Its Owner

Major Wall Street firms targeted in attempted cyberattacks, sources say

Alonso hails Mudryk’s emotional return as Chelsea lose 1-0 to Juventus in friendly

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

QUICK LINKS

Follow Us

NewsX is India’s fastest growing English News Channel and enjoys highest viewership and highest time spent amongst educated urban Indians.

TOP CATEGORIES

Group Websites

QUICK LINKS