Trump’s planned 10% tariff on Canadian oil could disrupt U.S. refineries, raise gas prices, and strain trade ties, though the ...

Activist investor Elliott Investment Management LP wants Houston-based Phillips 66 (NYSE: PSX) to spin off its midstream ...

While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now ...

Trump has announced new tariffs on steel and aluminum, sending oil prices higher despite the potential drop in oil demand the ...

Activist investor Elliott Capital Management disclosed Feb. 11 it has built a $2.5 billion position in Phillips 66 and issued ...

Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $2.5 billion in Phillips 66 (the "Company" or "Phillips"), today sent a letter to the ...

Elliott Investment Management L.P., which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), sent a letter ...

Elliott has built up a $2.5 billion position in Phillips 66 and will push for operations changes to boost the stock, The Wall ...

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...

Brazil Exports 1st Papa-Terra Oil in 9 Years on Heavy Crude Pull: Bloomberg Brazil is exporting heavy sour Papa-Terra for the first time since 2016 amid rising demand for similar quality crudes due to ...