Phillips 66 Profit Surges
Phillips 66 reported a 34% year-over-year surge in Q2 adjusted net profit to $3.8 billion, exceeding market expectations driven by elevated refining margins. The company saw significant improvements a
Phillips 66 reported a 34% year-over-year surge in Q2 adjusted net profit to $3.8 billion, exceeding market expectations driven by elevated refining margins. The company saw significant improvements a
Lead prices fell to near 2022 lows after Trafigura drove LME stockpiles to a record high. Analysts warn of structural demand declines as electric vehicles replace lead-acid batteries.
Trafigura halted zinc concentrate shipments from Cuba's Castellanos project to Chinese smelters amid escalating US sanctions and economic blockade pressures. This disruption contributes to existing gl
Global commodities trader Trafigura reported $4.1 billion net profits for the first half of 2026, surpassing its entire 2025 full-year earnings of $2.7 billion. Results were driven by broad-based cont
Trafigura and Phillips 66 lead recipients of US waivers allowing foreign tankers to transport domestic fuel, facilitating over 50 cargoes amid rising prices driven by the Iran conflict. The policy eas