Phillips 66 to operate refineries in low to mid 90% range in Q3 2025
ReutersJul 25, 2025 5:51 PM
NEW YORK, July 25 (Reuters) - U.S. crude oil refiner Phillips 66 PSX.N plans to operate its refineries in the low to mid-90% range of combined capacity of 1.5 million barrels per day in the third quarter, Chief Financial Officer Kevin Mitchell said on Friday during a conference call with analysts.
The company said refining turnaround expense in the third quarter will be around $50 million to $60 million.
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