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Marathon Petroleum misses profit estimates as costs rise

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Marathon Petroleum misses profit estimates as costs rise
02 November 2018, News Wires — U.S. oil refiner Marathon Petroleum’s third-quarter profit missed Wall Street estimates on Thursday, as higher costs offset gains from cheaper heavy crude. Marathon said total costs climbed 22 percent to $21.73 billion in the quarter ended September, partly due to some pension settlement charges. Marathon and other refiners process … More »
Marathon Petroleum misses profit estimates as costs rise Marathon Petroleum misses profit estimates as costs rise Reviewed by Crude Oil Facilitators on 11:46 Rating: 5

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