Phillips 66 Benefits from Strong Fuel Demand in Third Quarter

November 2, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Phillips 66 (NYSE:PSX) (Houston, Texas) benefited from strong fuel demand amid tight supplies in third-quarter 2022, while its natural gas liquids (NGL) midstream business saw the startup of a fractionation unit at its refinery in Sweeny, Texas. Industrial Info is tracking more than $3.75 billion worth of active projects from Phillips 66.