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0 0 0 0.00426395939086296 0.0041456852791878 5.07614213197508E-05 0.000101522842639646 0
Stock impact report

Canadian oil flows to Los Angeles as Trans Mountain start nears [BNN Bloomberg (Canada)]

Marathon Petroleum Corporation (MPC) 
Last marathon petroleum corporation earnings: 1/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.marathonpetroleum.com
Company Research Source: BNN Bloomberg
Three tankers carrying a total of 1.74 million barrels have sailed from Vancouver to the biggest U.S. West Coast city in March, the most in at least four years, according Vortexa tanker data. At least two of the shipments of heavy Cold Lake crude from the oil sands went to Marathon Petroleum Corp., which operates a refinery in the city. The U.S. refiner declined to comment in an email. Marathon's ramp-up of Canadian crude imports could be a sign of things to come once the Trans Mountain pipeline's expansion — which will nearly triple the capacity of the line running from Alberta to the Pacific Coast to 890,000 barrels a day — starts operating in the second quarter. The U.S. refiner is a contract shipper on the new pipeline. COMMODITIES LANDING PAGE Top commodities headlines, all in one place While the first two cargoes off the expanded system — also known as TMX — are expected to go to China, some analysts argue that U.S. West Coast refineries may become the preferred market due Show less Read more
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