MPC · News · 20260804N

Crude Sourcing Optimization

Marathon Petroleum Corp · 2026-08-04 · Importance 17 · Surprise 24

Marathon Petroleum cited effective crude sourcing as a contributor to its strong refining performance. The company’s results reflected optimization of crude supplies across its refining system amid changing international supply flows. U.S. refiners are increasingly operating with less reliance on Middle Eastern crude, while regional crude availability and transportation economics remain important competitive factors. The sourcing strategy supported strong refinery utilization and margin capture during the quarter.

Key facts

• Form 10-Q disclosed a $973 million liability for crude oil owed to the Strategic Petroleum Reserve (SPR). source