Marathon (MPC) shuts refinery in Catlettsburg, Kentucky (255k BPD) due to power supply interruption

Marathon Petroleum's shutdown of its 255k BPD refinery in Catlettsburg due to a power supply interruption could tighten supply in an already volatile energy market.

Newsquawk StaffPublished On the live feed at 1 more headline followed before this page went public
Newsquawk headlinesUTC

US sells USD 42bln of 10-year notes at a high yield of 4.177%, Tail 1.4bps

Ukraine President Zelensky says it won't agree to peace talks in Russia or Belarus

Marathon (MPC) shuts refinery in Catlettsburg, Kentucky (255k BPD) due to power supply interruption

Meta (META) auditor EY raised a red flag on data-center accounting, via WSJ

Texas AG sues Snapchat (SNAP) for failing to adequately warn parents and consumers about inappropriate material on the platform and the app’s addictive design.

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This event not only impacts near-term WTI pricing but may also set off chain reactions in energy equities as traders reassess potential supply constraints and overall market dynamics. Monitor the market's response for any signs of heightened volatility or shifts in sentiment, particularly regarding crude prices.

Related headlines

The whole workspace, free to try.

Try it free