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Phillips 66 beats quarterly profit estimates as refining margins soar

Source: reuters.com

Corporate EarningsEnergy Markets & PricesGeopolitics & War
Phillips 66 beats quarterly profit estimates as refining margins soar

Phillips 66 beat Wall Street estimates for third-quarter profit, aided by higher refining margins. The article attributes stronger demand for U.S. fuel exports to ongoing Middle East tensions; it does not provide profit figures or the size of the beat.

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