Marathon Petroleum ramps up Q2 rates to meet strong ULSD, gasoline demand
Marathon Petroleum, the largest US refiner, is ramping up rates at its refineries, with expectations of reaching 95% capacity in the second quarter to meet the rising demand for both diesel and gasoline as the summer driving season looms. The company is deferring some planned work to capture the strong current spot market environment, “backloading” the company’s 2022 turnaround work,…