Crude oil futures gave up early gains and fell for a fourth straight session as continuing trade wars add to concerns about the loss of demand. WTI settled down 1.8% at $59.58 a barrel, and Brent fell ...

Plus, Phillips 66 fights back against activist investor Elliott and how trading desks will save banks’ revenues ...

In a letter to shareholders, Phillips 66--which operates 11 refineries in the U.S. and Europe--said it aims to decrease its refining adjusted controllable costs to $5.50/bbl by 2027, which would mark ...

Phillips 66’s board of directors is again pushing against one of its largest investors—Elliott Investment Management—with a ...

Phillips 66 has strongly rejected Elliott Investment Management's proposal to break up the company, arguing that the plan is ...

Energy major defends transformation under CEO Mark Lashier and warns Elliott's proposals risk long-term value destruction ...

Phillips 66 sent a letter to shareholders urging a vote against what it sees as activist investor Elliott Investment ...

Elliott Investment Management, which manages funds that together make it a top five shareholder in Phillips 66 (PSX), announced the launch of ...

Phillips 66 (NYSE:PSX) today announced that it has filed its definitive proxy materials with the U.S. Securities and Exchange Commission in connection with its upcoming Annual Meeting of Shareholders ...

Phillips 66 is urging shareholders to vote against what it sees as activist investor Elliott Investment Management’s ...

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