Amadeusz Juskowiak

Marathon petroleum reduces crude postings

Marathon Petroleum Co said it reduced the contract price it will pay for all grades of crude oil one dlr a barrel effective today

The decrease brings Marathons posted price for both West Texas Intermediate and West Texas Sour to 1650 dlrs a bbl The South Louisiana Sweet grade of crude was reduced to 1685 dlrs a bbl

The company last changed its crude postings on Jan 12