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Phillips 66
Phillips 66 CEO warns Hormuz disruptions may linger
Mark Lashier, chairman and CEO of Phillips 66, cautioned on Wednesday that refining and petrochemical earnings face heightened volatility as shipping uncertainty in the Strait of Hormuz continues to weigh on global energy supply chains. Lashier made the remarks during…
Phillips 66 CEO says up to 100M barrels remain trapped near Hormuz
Phillips 66 CEO Mark Lashier cautioned on Tuesday that the recovery of crude oil supplies through the Strait of Hormuz will be a prolonged process, estimating that between 90 million and 100 million barrels of crude remain trapped in the…