$MPC News and Market Events
Every $MPC story Market Flux has tracked.
- Top Mover
Jefferies Cuts Valero and Marathon to Hold as Diesel Export Ban Threat Clouds Refining Outlook
Jefferies downgraded both Valero Energy and Marathon Petroleum from Buy to Hold on September 22, citing a deteriorating refining margin outlook and growing political risks. Jefferies set a…
- Top Mover
Jefferies Cuts Marathon Petroleum and Valero to Hold as Diesel Export Ban Threat Clouds Refining Outlook
Jefferies downgraded Marathon Petroleum from Buy to Hold on September 22, setting a price target of $413, citing a deteriorating refining margin outlook. The firm simultaneously cut Valero…
- Market Flux Event
US Diesel Prices Top $6.50 a Gallon for First Time as Americans Spend $116 Billion More on Fuel Since March
US retail diesel prices have surpassed $6.50 a gallon for the first time on record, with GasBuddy data showing that 47 of 50 states have now set all-time diesel price records in 2026. The…
- Top Mover
Phillips 66, Kinder Morgan and HF Sinclair Greenlight $5 Billion Western Gateway Pipeline to Supply California and Arizona
Phillips 66, Kinder Morgan and HF Sinclair have made a final investment decision to build the Western Gateway Pipeline, a roughly 900-mile, $5 billion refined products pipeline system that…