Phillips 66 First To Take Advantage of Jones Act Waiver for US Crude
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AI-Powered 94% HUGGINGFACE-PROSUSAI/FINBERTFinBERT analysis of financial text showing neutral sentiment with 94.1% confidence.
Article Context
Phillips 66 has shipped crude oil from Texas to the U.S. East Coast on a foreign-flagged tanker, the first such cargo since Washington waived the Jones Act last month, Kpler ship-tracking data shows. The Bakken crude was loaded in early April at a Phillips 66 terminal in Beaumont, Texas, onto the Malta-flagged Htm Warrior. The vessel is destined to carry the cargo to the Trainer oil refinery in Pennsylvania, owned by Delta Air Lines subsidiary Monroe Energy. The long-standing Jones Act requires that cargo moving between U.S. ports travel on vessels…
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FinBERT analysis of financial text showing neutral sentiment with 94.1% confidence.
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