Phillips 66 to operate refineries in low-to-mid 90% range of combined capacity in Q4
ReutersOct 29, 2025 5:33 PM
NEW YORK, Oct 29 (Reuters) - U.S. crude oil refiner Phillips 66 PSX.N plans to operate its refineries in the low-to-mid 90% range in the fourth quarter, Chief Financial Officer Kevin Mitchell said on Wednesday during a conference call with analysts.
Phillips 66 expects to spend around $125 million to $145 million in refinery turnarounds in the fourth quarter, the company said.
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