Blog: Buffett's oil bet

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3 comment(s). Last comment by Probability 2016-01-16 18:40

Probability

14,499 posts

Posted by Probability > 2016-01-16 18:12 | Report Abuse

interesting...

JT Yeo

1,637 posts

Posted by JT Yeo > 2016-01-16 18:26 | Report Abuse

Please understand Philip 66 is not an upstream oil player, upstream as in oil exploration. Phillip 66 was separated from ConocoPhillips so they can focus on mid & downstream. Majority of their revenue comes from refining. This has nothing to do with oil bet.

Probability

14,499 posts

Posted by Probability > 2016-01-16 18:40 | Report Abuse

yup..only the title is misleading...the rest of the content is clear enough.

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