PSX · News · 20260805N
Manufacturing and Capacity
Phillips 66 · 2026-08-05 · Importance 19 · Surprise 6
Phillips 66 operated its refineries at 96% utilization in the second quarter of 2026. The company planned to run its combined refinery system in the mid-90% range of capacity during the third quarter. High utilization indicates strong operating execution while regional and global supply disruptions support refinery throughput and product availability.