ConocoPhillips is poised for growth amid rising oil prices with strong Q1 earnings and potential outperformance of major rivals. Learn more about COP stock here.

A Saturday fire that took place at Marathon's 665,000 b/d Galveston Bay, Texas, refinery was extinguished, according to a company official.

The coast-to-coast tanker operations are backed by a safety-focused culture that drives it to industry success. Learn more about why Marathon Petroleum was awarded the

Gasoline production was cut back on Saturday at Marathon Petroleum's 631,000 barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas due to a fire on the residual hydrotreater, said people familiar with plant operations.

This was the stock's third consecutive day of gains.

Several oil marketers are holding meetings over the proposed scheme by Dangote Petroleum Refinery to begin the nationwide distribution of diesel and premium motor spirit (PMS), also known as petrol.

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Analysts have recently evaluated Marathon Petroleum and provided 12-month price targets. The average target is $168.82, accompanied by a high estimate of $185.00 and a low estimate of $141.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 1.69%.