COVID-19 - News digest as of 16.12.2020

1. Phillips 66 lowers 2021 spending budget after pandemic hitMOSCOW (MRC) -- US oil refiner Phillips 66 on Monday set its 2021 capital budget at USD1.7 billion, around 43% lower than forecast for the previous year, as the energy industry struggles to recover from the blow of the COVID-19 pandemic, reported Reuters. The coronavirus crisis and resulting lockdowns upended global travel and f

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