Phillips 66 Eyes Fuel Flexibility Amid Diesel Demand

Phillips 66, a company that turns oil into fuel, is doing well because they're making a lot of diesel, which is in high demand.

They're thinking about changing their factories to make different fuels more easily, like switching between gasoline and diesel.

They made more money than expected in the last few months.

Diesel prices are up because there isn't much available and lots of people need it.

This is good news for them, especially with upcoming hurricane season and winter when people use more heating fuel.

They also expect to benefit from oil production changes and some refineries closing down.