The Story
News Summary
- High WTI crude prices, driven by geopolitical conflicts, will pressure refiners like Phillips 66 (PSX) due to increased input costs.
- However, the refining environment remains profitable due to strong demand and tight inventories.
- PSX's diversified midstream business helps insulate it from this volatility.
Explore BRENT price history & advisor snapshot
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Stored market data
BRENT price history
107.10
+64.97% over the displayed period
Advisor Snapshot
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