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Phillips 66

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  • Your First Move for Tuesday, Oct. 9 Monday, 8 Oct 2012 | 6:04 PM ET

    Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!

  • California gasoline prices hit record amid supply woes Saturday, 6 Oct 2012 | 7:37 PM ET

    LOS ANGELES, Oct 6- Gasoline prices in California hit record levels on Saturday, after an unprecedented surge in pump prices propelled by a perfect storm of factors that drove inventories in the region down to near-historic lows. On Saturday, a local NBC station showed one downtown Los Angeles gas station selling regular grade at $5.49 a gallon.

  • Canada crude-Prices weaken as output set to rise Friday, 5 Oct 2012 | 4:28 PM ET

    CALGARY, Alberta, Oct 5- Canadian cash crude prices weakened for the fourth straight session on Friday as production from the Alberta oil sands looked set to increase for next month.

  • SAN FRANCISCO/ LOS ANGELES, Oct 5- An unprecedented spike in California gasoline prices showed signs of easing on Friday, with some supply-stricken service stations preparing to reopen and retail rates poised to ease after topping $5 a gallon in many places.

  • Crude to Drop, but Not Gas Prices: Tom Petrie Friday, 5 Oct 2012 | 2:10 PM ET

    Crude prices will continue to drop, but gas prices won’t because of tight refinery capacity, Strategic Energy Advisors Chairman Tom Petrie said Friday on CNBC.

  • By Braden Reddall and Nichola Groom. SAN FRANCISCO/ LOS ANGELES, Oct 5- Californians awoke on Friday to yet another unprecedented spike in the price of gasoline that brought the one-week increase in the Golden State to a whopping 36 cents a gallon. "It's insane," said Matt Hurd, 35, as he filled up at a San Francisco gas station near the Bay Bridge. "

  • SAN FRANCISCO, Oct 5- California gas prices rose 17 cents a gallon overnight due to supply disruptions at some refineries and seasonally low inventories, bringing the one-week increase in the Golden State to nearly 36 cents. The average retail price of gasoline was $4.486 on Friday morning, up from $4.315 on Thursday and $4.131 a week ago, according to AAA data.

  • Your First Move for Friday, Oct. 5 Thursday, 4 Oct 2012 | 6:04 PM ET

    Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!

  • RESEARCH ALERT-UBS raises Phillips 66 price target Thursday, 4 Oct 2012 | 8:29 AM ET

    *UBS raises Phillips 66 price target to $52 from $46; rating buy. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • Canada crude-Synthetic, heavy grades weaken Wednesday, 3 Oct 2012 | 2:15 PM ET

    Light synthetic crude for November delivery last sold for $9.75 a barrel over benchmark West Texas Intermediate, compared with $12 a barrel over WTI on Tuesday, according to Shorcan Energy Brokers. November Western Canada Select heavy blend was quoted at $11 a barrel under WTI, an 80- cent wider discount than on Tuesday.

  • Phillips 66 boosts dividend 25 pct to 25 cents Wednesday, 3 Oct 2012 | 1:37 PM ET

    HOUSTON-- Phillips 66, a refining and pipeline company that split from ConocoPhillips in May, is raising its quarterly dividend by 25 percent to 25 cents. The Houston company's previous payout was 20 cents. Shares fell $1.02, or 2.2 percent, to $45.40 in afternoon trading.

  • BRIEF-Phillips raises quarterly dividend Wednesday, 3 Oct 2012 | 1:03 PM ET

    *Sets quarterly dividend of $0.25 per share.

  • Canada crude-Grades strengthen despite refinery work Tuesday, 2 Oct 2012 | 3:08 PM ET

    *Illinois, Montana refineries down for work. CALGARY, Alberta, Oct 2- Canadian crude prices strengthened on Tuesday, despite outages at some key U.S. refineries, after Syncrude Canada Ltd, one of the top to oil sands mining operations, reported lower production.