Marathon Petroleum warns of loss, up to $7.8 billion hit on oil rout

© Reuters. Cars drive past the Marathon petroleum refinery in Carson, California By Gary McWilliams HOUSTON (Reuters) – Marathon Petroleum Corp (N:), the largest U.S. oil refiner, warned on Wednesday of a first-quarter loss on a roughly $ 7.8 billion write-down from a sharp fall in fuel demand. Stay-at-home orders designed to contain the coronavirus […]

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