Marathon estimates Q3 refining margins up 40%

10/9/2008 | Reuters

Marathon Oil said that its third-quarter oil and natural production is up and estimated that its refining margins gained about 40% from the same period in 2007. Marathon anticipates refined-products sales to be down, from 1.44 million barrels per day a year ago to 1.37 million barrels per day in the third quarter of this year.

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