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HomeOil and GasPhillips 66 Crude Capacity Utilization Hits Five-Year High Amid Market Challenges

Phillips 66 Crude Capacity Utilization Hits Five-Year High Amid Market Challenges

The Houston-based refiner’s crude capacity utilization rose to the highest in over five years at 98% in the second quarter, up from 92% in the first quarter, CEO Mark Lashier said during a call with analysts on Tuesday.
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