Previous close | 1.9500 |
Open | N/A |
Bid | 0.8000 |
Ask | 1.4000 |
Strike | 240.00 |
Expiry date | 2026-01-16 |
Day's range | 1.9500 - 1.9500 |
Contract range | N/A |
Volume | |
Open interest | 1 |
Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the end of 2025, citing market concerns. The company said it will remain operating in the state. “With the long-term sustainability of our Los Angeles Refinery uncertain and affected by market dynamics, we are working with leading land development firms to evaluate the future use of our unique and strategically located properties near the Port of Los Angeles,” CEO Mark Lashier said in a statement.
Phillips 66 announced Wednesday that it will close its Wilmington-area refinery complex next year but will work with the state to continue supplying fuel to consumers.
HOUSTON, October 16, 2024--Phillips 66 announced plans to cease operations at its Los Angeles refinery, will work with the state of California to meet ongoing consumer demand.