Market Analysis by covering: Valero Energy Corporation, Crude Oil WTI Futures, Phillips 66. Read 's Market Analysis on Investing.com ...

Let's get to some committee moves. Joe, you sold the GLD. A lot of talk about metals and gold in particular recently.You sold the GLD. >> I did. So, in the middle of November, I entered a position in the GLD as a trade.This was not on an expectation that this was going to be a long-term investment. When I think about how I view 2026 for the precious metals, I want to be long the precious metals. So for those of you that are sitting in investments in precious metals and have had them over the last several ye ...

Group 1: Oil Price Outlook - The U.S. Energy Information Administration (EIA) projects the average spot price of West Texas Intermediate crude to decline to $51.42 per barrel in 2026, down from $65.32 per barrel in 2023 and $76.60 per barrel in 2022, due to rising worldwide oil inventory [2] - Low oil prices are expected to benefit the refining industry, as companies can process cheaper raw crude into final products like gasoline and diesel, enhancing refining operations in 2026 [3] Group 2: Operational Efficiency and Cost Management - Advanced drilling techniques such as horizontal drilling and hydraulic fracturing have significantly reduced operational costs in oil and gas, leading to low break-even costs for exploration and production activities, making them potentially profitable despite low oil prices [4] - Demand for oilfield services is anticipated to remain favorable in 2026, benefiting companies that assist upstream operations [4] Group 3: Investment Opportunities - Phillips 66 (PSX) is highlighted as a leading refiner with a crude utilization rate of 99% in the September quarter of 2023, the highest since 2018, and is well-positioned to capitalize on lower oil prices by using Canadian heavy crude [5][6] - Valero Energy Corporation (VLO) operates 15 refineries with a combined capacity of 3.2 million barrels per day and focuses on maximizing profits through efficient refinery utilization and selective investments, also expected to benefit from low input costs [6][7] - Oceaneering International (OII) provides robotic solutions and services to offshore energy companies and is well-positioned to gain from favorable oilfield service demand and growth in its Aerospace and Defense (ADTech) business in 2026 [8][9]

Key Takeaways PSX and KMI plan the Western Gateway Pipeline using new and existing lines to move refined fuel west.PSX and KMI closed a strong open season and will reopen sign-ups in January 2026 due to demand.KMI will reverse parts of the SFPP pipeline to deliver refined products into Los Angeles markets.Following strong interest from fuel suppliers and customers, Phillips 66 (PSX) and Kinder Morgan (KMI) plan to establish the Western Gateway Pipeline, a system that will transport refined fuel to western m ...

Core Insights - Phillips 66 (PSX) completed the acquisition of the remaining 50% interest in WRB Refining LP on October 1st, enhancing its presence in the Mid-Continent region and reducing operational risks [1]. Group 1 - The acquisition strengthens Phillips 66's position in the refining sector, particularly in the Mid-Con area [1]. - This strategic move is expected to lower operational risks associated with the company's refining operations [1].

Core Insights - Phillips 66 (PSX) completed the acquisition of the remaining 50% interest in WRB Refining LP on October 1st, enhancing its presence in the Mid-Continent region and reducing operational risks [1]. Group 1 - The acquisition strengthens Phillips 66's position in the refining sector, particularly in the Mid-Con area [1]. - This strategic move is expected to lower operational risks associated with the company's refining operations [1].

The Democrat crusade to divert blame for the stagflation crisis triggered during the Biden Administration led them down a path of economic lies.  The central theme of their narrative was that corporations were "price gouging" consumers and inflation was actually a product of "corporate greed."  In reality, helicopter money and dollar devaluation during the pandemic triggered a massive consumer demand rush as well as shortages in a variety of goods and raw materials.The profit margins in many of these indust ...

A local Cumbrian resident has been revealed as the winner of a brand-new Toyota Yaris Cross Icon Hybrid worth £26,495 in JET’s nationwide forecourt promotion, the JET Journey Jackpot.The car presentation marks the culmination of a three-week campaign designed to boost customer engagement, increase forecourt footfall, and reinforce JET’s driver-first brand positioning across over 320 participating sites throughout the UK.The winner, Kris, was handed the keys to his new car at JET Jubilee Garage during a cele ...

其中，中游业务作为重点板块分得11亿美元维持性资本预算，7亿美元用于增长项目、4亿美元保障运 营，将通过扩建关键盆地管道与分馏设施、提升天然气处理能力，推进天然气液(NGL)"井口到市场"一 体化战略。增长性资本将主要投向合资项目，尤其是与雪佛龙菲利普斯化工及WRB炼厂的合资项目 ——双方在美国墨西哥湾沿岸和卡塔尔拉斯拉凡兴建的世界级石化装置，预计2026年投产。公司董事长 兼CEO马克·拉希尔强调，预算资金将聚焦NGL价值链及高回报炼油项目，同时保障运营安全可靠。 中化新网讯 近日，菲利普斯66宣布，2026年资本预算上调至24亿美元，其中增长性资本13亿美元、维 持性资本11亿美元。 ...

HOUSTON--(BUSINESS WIRE)--Mark Lashier, chairman and CEO of Phillips 66 (NYSE: PSX), will participate in a fireside chat at the Goldman Sachs Energy, CleanTech & Utilities Conference at 10:20 a.m. ET on Tuesday, Jan. 6, 2026. Lashier will discuss the company's outlook, strategic execution across its segments and commitment to disciplined capital allocation. To access the webcast, go to the Events and Presentations section of the Phillips 66 Investors site, phillips66.com/investors. A replay will be archived ...