Sandra Leggero has a background in financial markets, having spent more than 9 years in commodities trading for several European and Asian companies. She holds a degree in Economics from the University of Pavia and specializes in emerging markets.
, | Updated:
Key Moments
Phillips 66 projected higher overall spending in 2026 compared with the current year.
The U.S. refiner expects increased disbursements in its midstream and refining segment.
Total spending is forecast at $2.4 billion for 2026 versus $2.1 billion projected for this year.
Spending Outlook for 2026
Phillips 66 said on Monday that it anticipates raising its expenditures in 2026, driven by higher planned outlays in its midstream and refining operations.
The U.S. refiner outlined a forecast that calls for total spending of $2.4 billion in 2026, an increase from the $2.1 billion it has projected for the current year.
Comparison of Projected Spending
Year
Projected Spending
This year
$2.1 billion
2026
$2.4 billion
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Related News
Forex Market: EUR/GBP daily trading forecast Yesterday’s trade saw EUR/GBP within the range of 0.7982-0.8028. The pair closed at 0.8015, gaining 0.33% on a daily basis.At 6:12 GMT today EUR/GBP was down 0.06% for the day to trade at 0.8011. The pair touched a daily low at 0.8009 at […]
Forex Market: USD/CAD daily trading outlook Yesterday’s trade saw USD/CAD within the range of 1.3094-1.3405. The pair closed at 1.3119, plummeting 1.78% on a daily basis. It has been the 25th drop in the past 52 trading days and also the steepest one since March 3rd, when the pair lost […]
USD/JPY Stays Below 160 as Intervention Risks Loom Key Moments
USD/JPY trades around 159.70-159.75 after an earlier move toward the 160.00 area, remaining flat on the day.
Softer Tokyo inflation dampens expectations for imminent BoJ tightening, but Middle East de-escalation […]
GBP/NOK settles above 37 1/2-month low, posts weekly loss The GBP/NOK currency pair settled above recent low of 12.5182, its weakest level since March 7th 2023, as fresh UK retail sales data provided support to the Pound ahead of the Bank of England’s monetary policy announcement next week.March […]
The Presidents with the biggest impact on US national debt National debt - truly a painful subject for US policy makers given that the nation’s total public debt outstanding has been increasing constantly since the time of the Great Depression of 1929-1932. But what is more, total debt has risen more […]
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover 
