Phillips 66 refineries to consume more North American crude oil

03/21/2013 |

Phillips 66 struck several agreements to secure up to 130,000 barrels a day of crude oil from North America for its U.S. refineries. The transactions cover terminal and rail loading services and a pipeline project. "Increasing our utilization of those advantaged crudes should allow us to capture significant value in our refining and marketing businesses," said Phillips 66 Chairman and CEO Greg Garland.

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