Marathon Petroleum Corporation MPC is set to release fourth-quarter earnings on Feb. 4. The Zacks Consensus Estimate for the to-be-reported quarter's profit is pegged at 37 cents per share on revenues of $30.

Crude and gasoline inventories saw moderate increases while middle distillate inventories saw a strong draw last week

Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right now, it has more than half of that. The reserve, which former President Gerald Ford established in 1975, is spread across four sites in Texas and Louisiana.

As CEO Visits AMJON The Executive Chairman and Chief Executive Officer, Vindi Petroleum, Victor Kalu, has called for support of the media, saying it was only way the government could be collectively supported.

Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.

ISLAMABAD: High-speed diesel (HSD), petrol and kerosene are estimated to increase by up to Rs6 per litre on Friday for the next fortnight owing to higher international prices.

The program, Project CAR, works with local garages in Minnesota to repair damaged exhaust systems at no cost to vehicle owners.

In case there was any doubt, President Donald Trump made it clear in his inauguration speech that during his second term "we will drill, baby, drill."

Marathon Petroleum Corp (MPC) stock saw a decline, ending the day at $151.61 which represents a decrease of $-2.70 or -1.75% from the prior close of $154.31. The stock opened at $153.87 and touched a low of $151.

Rescue officials say a truck carrying liquified petroleum gas caught fire and exploded overnight in central Pakistan, killing five people and injuring more than two dozen others

NORTHAMPTON, MA / ACCESS Newswire / January 28, 2025 / Marathon Petroleum Corporation Key Points Marathon Petroleum has trained nearly 800 employees, including 700 fleet drivers, to identify and ...

Supreme Court held that the agreement between the oil marketing companies indicates that the price of petroleum products agreed under MoU is not a normal price and, therefore, is not a transaction value. Appeal allowed on the ground of extended period.