- Phillips 66 (PSX +0.6%) has cut production by ~5% at its 238K bbl/day refinery in Linden, N.J., amid weak refining margins, Reuters reports.
- PSX joins Monroe Energy's 185K bbl/day refinery in Trainer, Pa., in making economic run cuts on the U.S. east coast; the Delta Air Lines (DAL +1.9%) subsidiary continues to run the refinery at ~150K bbl/day following run cuts that began in July, according to the report.
- Philadelphia Energy Solutions, the largest east coast refinery, reportedly is currently running at full capacity; it is not yet known whether PBF Energy (PBF -0.1%) has made cuts at either of its refineries in Delaware City, Del., and in Paulsboro, N.J.