#heavy-crude

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#venezuela #phillips-66 #stock-performance #refining-margins #geopolitical-factors #texas-oil-industry
Business
from24/7 Wall St.
1 week ago

Raymond James Sets $205 Target on PSX as Refining Margins Nearly Double

Phillips 66 shares have significantly increased, with a price target raised to $205 by Raymond James, indicating strong future potential.
US politics
fromwww.npr.org
2 months ago

What Venezuela's oil could mean for the industry in Texas

U.S. action in Venezuela could boost Texas refiners' access to heavy crude while creating mixed economic and political effects for the state's oil industry.
World news
fromwww.esquire.com
2 months ago

Oil Executives Don't Even Want to Touch Trump's Mess in Venezuela

Venezuela's heavy, extra-heavy oil requires costly, carbon‑intensive upgrading and political risk makes U.S. investment unlikely without major policy or financial incentives.
fromwww.cbc.ca
2 months ago

Canadian energy stocks tumble after U.S. incursion in Venezuela | CBC News

A barrel of West Texas Intermediate, the North American benchmark, was trading about 1.5 per cent higher by midday, up nearly $1 to just over $58 US. Prices remain relatively cheap and are about $15 lower than compared to one year ago. Meanwhile, several Canadian oil and gas companies are taking a hit to their stock price. The Toronto Stock Exchange's energy index was down about 4.5 per cent by midday Monday.
Canada news
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