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Elliott takes $1 bln stake in US oil refiner Phillips 66, urges board revamp - Vimarsana News

Elliott takes $1 bln stake in US oil refiner Phillips 66, urges board revamp

Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is urging the U.S. oil refiner and pipeline operator to revamp its board to boost lagging performance. The...

U.S. Official Says Russia's Crude Output Cut Signals Unsold Oil - Vimarsana News

U.S. Official Says Russia's Crude Output Cut Signals Unsold Oil

Russia's decision to cut crude oil production by 500,000 barrels per day reflects its inability to sell all of its oil, Ben Harris, a U.S.

US official says Russia's crude output cut signals unsold oil - Vimarsana News

US official says Russia's crude output cut signals unsold oil

HOUSTON, Feb 17 — Russia’s decision to cut crude oil production by 500,000 barrels per day reflects its inability to sell all of its oil, Ben Harris, a US Treasury Department...

U.S. refiners throttle back Q1 output after record 2022 runs - Vimarsana News

U.S. refiners throttle back Q1 output after record 2022 runs

U.S. oil refiners are dialing back operating runs this quarter after sky-high utilization rates last year, and aim to operate at between 85% and 89% of capacity, according to company outlooks and...

U.S. Refiners Throttle Back Q1 Output After Record 2022 Runs - Vimarsana News

U.S. Refiners Throttle Back Q1 Output After Record 2022 Runs

U.S. oil refiners are dialing back operating runs this quarter after sky-high utilization rates last year, and aim to operate at between 85% and 89% of capacity, according to company outlooks and