U.S. crude oil inventories increased by more than expected last week in a fourth consecutive build, while product stocks declined, according to U.S. government data. Transformers used in power grids ...

Oil futures ended higher Thursday, with investors shaking off a larger-than-expected rise in U.S. crude inventories. U.S. crude oil inventories increased by more than expected last week in a fourth ...

Shares of Phillips 66 PSX advanced 1.22% to $131.55 Thursday, on what proved to be an all-around poor trading session for the ...

Phillips 66 (PSX) disclosed earlier that on February 13, Elliott Associates submitted to the company notice of its nomination ...

Stocks hit all-time highs as traders looked past signals the Federal Reserve is in no rush to cut interest rates.

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year ...

Wednesday’s Fed minutes will probably show no rush to cut rates. The S&P 500 was little changed. The Nasdaq 100 wavered. The ...

Phillips 66 rises as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it ...

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more ...

Lulu Smyth Good morning from the Financial Times. Today is Monday, February 17th. And this is your FT News Briefing.