Post Tagged with: "refiner"

Source: Reuters

Refiner Marathon warns natgas rally may hurt profits, shares fall

Reuters

Marathon Petroleum Corp signaled on Tuesday that a sustained rally in natural gas prices could take a toll on earnings, sending the largest U.S. refiner’s shares down 4%.

The warning comes after U.S. natural gas prices soared more than …

November 2, 2021 - 1:30 pm — Closing Bell Story‎, Commodity Pricing, Corporate Performance Announcements, Crude Oil News, Downstream, Energy News
Caught in Tariff War, Sinopec Seeks Waiver for Imported U.S. Oil: Sources

Caught in Tariff War, Sinopec Seeks Waiver for Imported U.S. Oil: Sources

From Reuters

China Petroleum & Chemical Corp, or Sinopec, is seeking a tariff exemption for U.S. oil being imported in coming months, sources familiar with the matter said, after Beijing late last week imposed retaliatory tariffs on U.S. goods, including …

August 26, 2019 - 6:02 am — China, Closing Bell Story‎, Crude Oil News, Downstream, Economy, Energy News, International, Politics & Opinions, Trade
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