Phillips 66 posts first profit in a year on rebound of fuel demand due to easing of pandemic-related travel curbs

Phillips 66 posts first profit in a year on rebound of fuel demand due to easing of pandemic-related travel curbs
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04.08.2021

MOSCOW (MRC) -- US refiner Phillips 66 posted an adjusted quarterly profit, its first in a year, benefiting from a rebound in fuel demand due to the easing of pandemic-related travel curbs, reported Reuters.Adjusted earnings came in at USD329 million, or 74 cents per share, for the three months ended June 30, compared with a loss of USD509 million, or USD1.16 per share, in the first quar

Full article at mrcplast.com

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