Join us June 18th for our 2025 Mid-Year Industrial Market Outlook! RSVP Today!
Sales & Support: +1 800 762 3361
Member Resources

October 30, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Amid a deep decline in profits from the process of refining crude oil, Phillips 66 (NYSE:PSX) (Houston, Texas) on Tuesday reported a substantial drop in earnings during the third quarter. Phillips 66 reported $346 million in earnings during the three-month period ending September 30, a stunning 65% decline from the previous quarter. Despite conflicts in the Middle East, crude oil prices are on the decline amid sluggish global demand.

Login or Register for Instant Access

Subscribe Now!

(All Fields Required)

IIR Logo Globe

Site-wide Scheduled Maintenance for April 12, 2025, between 9 A.M. - 9 P.M. CST. During this time, all services will be unavailable periodically throughout the scheduled maintenance window.

×
×

Contact Us

For More Info!