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.
A small aircraft carrying oil workers in South Sudan’s Unity State crashed on Wednesday, killing 20 people, an official said.
The program, Project CAR, works with local garages in Minnesota to repair damaged exhaust systems at no cost to vehicle owners.
The Minority Caucus in Ghana’s Parliament has condemned the behaviour of Ms Victoria Emeafa Hardcastle, the Acting Chief Executive Officer of the Petroleum Commission, towards the Leadership of Parliament.
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."
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
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read more on OXY stock here.
Marathon Petroleum (MPC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. NORTHAMPTON, MA / ACCESS Newswire / January 21 ...
Egyptian President Abdel Fattah al-Sisi said on Wednesday that the state needs $20 billion annually to secure petroleum products, according to a video provided by Sisi's office.
The Federal Reserve is widely expected to make no change to its benchmark federal funds rate at its January meeting, a decision to be announced today.