Phillips 66 seeing tightened margins following Trans Mountain oil pipeline start-up-February 2024-www.financetom.com

Phillips 66 seeing tightened margins following Trans Mountain oil pipeline start-up

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Phillips 66 seeing tightened margins following Trans Mountain oil pipeline start-up

Jun 18, 2024 8:35 AM

June 18 (Reuters) - U.S. refiner Phillips 66

said on Tuesday the start-up of Canada's Trans Mountain pipeline

expansion project (TMX) has tightened its margins.

TMX was slated to triple the flow of crude from landlocked

Alberta to Canada's Pacific coast to 890,000 barrels per day

(bpd).

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