Oil price surge breaks through hedging strategies! Phillips 66 (PSX.US) crude oil short positions "wiped out," expected Q1 loss of 1 billion USD

老虎证券2026/04/07 01:19

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According to a regulatory filing submitted on Monday, the refiner expects that its standard net short positions in crude oil, refined products, natural gas liquids, and renewable fuel feedstock-related derivatives contracts will result in a negative impact of approximately $900 million.

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Oil price surge breaks through hedging strategies! Phillips 66 (PSX.US) crude oil short positions "wiped out," expected Q1 loss of 1 billion USD

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