U.S. crude oil inventories increased by more than expected last week in a fourth consecutive build, while product stocks declined, according to U.S. government data. Transformers used in power grids ...

Phillips 66 (PSX) disclosed earlier that on February 13, Elliott Associates submitted to the company notice of its nomination ...

Oil futures rose Wednesday, finding support on curtailed supply from Russia as traders also monitor talks aimed at ending the war in Ukraine. With a more-than-$2.5 billion stake in Phillips 66, ...

Stocks hit all-time highs as traders looked past signals the Federal Reserve is in no rush to cut interest rates.

(Bloomberg) — Stocks fluctuated as the latest Federal Reserve minutes showed officials are in no rush to cut rates.

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year ...

Phillips 66 rises as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it ...

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more ...

Lulu Smyth Good morning from the Financial Times. Today is Monday, February 17th. And this is your FT News Briefing.