Phillips 66 (PSX): Navigating Opportunities in Energy Markets

Phillips 66 (NYSE:PSX) is among the best oil & gas refinery stocks to buy now. On February 18, Reuters reported that U.S. refiner Phillips 66 (NYSE:PSX) is seeking approval to buy heavy crude directly from Venezuela’s state oil company PDVSA starting in April, aiming to boost profits by avoiding middlemen like Chevron and trading houses. Phillips 66 (PSX): Navigating Opportunities in Energy Markets Pixabay/Public Domain The company recently purchased Venezuelan oil from Vitol at about $9 per barrel belo ...