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The Latest Breaking News from MPC

2 Refining Stocks to Buy as Oil Prices Rise

While oil prices saw a dip after the Biden administration announced its plans to release oil reserves to help meet growing fuel demand, analysts expect oil prices to remain highly volatile due to a production shortfall globally. Therefore, we think the stocks of oil refining companies Marathon Petroleum (MPC) and…

Scots gangland phone firm linked to Martin Kok assassination offered hackers £1m

Scots gangland phone firm linked to Martin Kok assassination offered hackers £1m

MPC Secure Communications, which was registered to an address in Glasgow, offered the bounty to anyone able to hack their phones.

BoT balloons inflation view to 4.9%

BoT balloons inflation view to 4.9%

The Bank of Thailand (BoT) skyrocketed its inflation rate forecast for this year to 4.9% from 1.7% because of energy and food price surges attributed to supply shock from the Russia-Ukraine war.

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If You Invested $1000 In Marathon Petroleum 10 Years Ago, Here's How Much You Would Have Today

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 2.01% on an annualized basis producing an average annual return of 14.56%. Currently, Marathon Petroleum has a market capitalization of $46.13 billion.

Poll: Bank of Thailand to keep steady policy hand as growth trumps inflation

The central bank will not raise interest rates from a record low for more than a year in a bid to support an economy still struggling to recover from the pandemic despite a jump in inflation, a Reuters poll found.

This Is What Whales Are Betting On Marathon Petroleum

Someone with a lot of money to spend has taken a bullish stance on Marathon Petroleum (NYSE:MPC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

MPC expected to keep policy rate at 0.5%

The Bank of Thailand's Monetary Policy Committee (MPC) is expected to keep its policy rate at the historically low level of 0.5% throughout this year to maintain economic momentum, according to economists.

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Think Oil Prices Will Reach All-Time Highs? Then Buy These 5 Stocks Now

Think Oil Prices Will Reach All-Time Highs? Then Buy These 5 Stocks Now

Oil and gas are currently trading lower than the record high prices they hit earlier this month. But with global tensions still unresolved, lingering supply constraints and rising demand have the potential to again drive oil prices to fresh highs. Therefore, we think it could be wise to bet on…

Bank of England poised to shove rates up for third time in a row

Bank of England poised to shove rates up for third time in a row

Is the Bank of England putting up interest rates tomorrow (Thursday) at 12pm?

Evening Standard

Interest rates are likely to rise by much less than most people are predicting

Interest rates are likely to rise by much less than most people are predicting

Inflation was already a serious problem thanks to the bottlenecks in the global supply chain caused by the COVID-19 pandemic. But following Russia’s brutal invasion of Ukraine, and the effect on oil and gas prices, inflationary pressures now look a whole lot worse.

The Conversation

Why Chevron And Marathon Petroleum Shares Are Trading Higher Today

Why Chevron And Marathon Petroleum Shares Are Trading Higher Today

Shares of energy and oil companies, including Chevron Corp (NYSE: CVX) and Marathon Petroleum Corp (NYSE: MPC), are trading higher Tuesday amid continued strength in oil prices in the wake of Russia's

Check Out What Whales Are Doing With MPC

Check Out What Whales Are Doing With MPC

A whale with a lot of money to spend has taken a noticeably bearish stance on Marathon Petroleum. Looking at options history for Marathon Petroleum (NYSE:MPC) we detected 18 strange trades.

Monetary policy is an art of managing expectations, says RBI governor

Monetary policy is an art of managing expectations, says RBI governor

NEW DELHI: Reserve Bank of India (RBI) governor Shaktikanta Das on Friday said "monetary policy is an art of managing expectations" as he emphasised the need for an effective communication strategy amid concerns over rising inflation fuelled by geopolitical developments.

The Times of India

Here's How Much You Would Have Made Owning Marathon Petroleum Stock In The Last 10 Years

Here's How Much You Would Have Made Owning Marathon Petroleum Stock In The Last 10 Years

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 1.37% on an annualized basis.

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news in one place.

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Marathon Petroleum Whale Trades Spotted

Someone with a lot of money to spend has taken a bullish stance on Marathon Petroleum (NYSE:MPC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Guardian - UK

Credibility challenge: Bank of England walks a tightrope on interest rates

Analysis: some want Bank to play catchup on rates; others say it risks engineering conditions for a recession

The Times of India

RBI keeps repo rate unchanged at 4%; maintains accommodative stance

NEW DELHI: The Reserve Bank of India's (RBI) monetary policy committee (MPC) on Wednesday unanimously decided to keep repo rate unchanged at 4 per cent for the tenth consecutive time and continued with the accommodative stance.

Headline inflation exceeds outlook

The Bank of Thailand predicts headline inflation will exceed the target rate in the early part of this year, forced up by rising raw food and energy prices.

Get all your
news in one place.

100’s of premium titles.
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Check Out What Whales Are Doing With MPC

Someone with a lot of money to spend has taken a bullish stance on Marathon Petroleum (NYSE:MPC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

5 Oil & Gas Refining Stocks to Buy as Energy Prices Soar

Oil prices are currently trading at more than $90 per barrel and might hit $100 per barrel as geopolitical tensions rise. With seemingly promising prospects for the oil refining market, we think oil and gas refining stocks Marathon Petroleum (MPC), Phillips 66 (PSX), Valero Energy (VLO), Valvoline (VVV), and Sunoco…

The Times of India

Time ripe for 20 bps reverse repo rate hike to help find buyers for G-secs supply: SBI

MUMBAI: Citing the massive spike in credit growth during the first half and the steeper fall in deposits and the resultant rise in term money rates, coupled with the record high borrowings, an SBI report has called for a 20 bps increase in reverse repo rate outside the MPC ambit…

Outlander's Sam Heughan 'devastated' after charity Instagram account hacked and deleted

Sam warned fans on Instagram as fake accounts are now circulating, pretending to be his MPC account.

The Guardian - UK

No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

Rolling coverage of the latest economic and financial news

Evening Standard

Blow for Boris Johnson as Bank of England slashes UK growth forecast

The Bank of England now expects GDP to grow by 3.75% this year, not 5%, putting at risk the Prime Minister’s claim that the UK is the fastest growing G7 economy

The Times of India

RBI may hike reverse repo rate by 0.25% in next week's policy: Report

MUMBAI: The Monetary Policy Committee (MPC) may go for a hike of up to 0.25 per cent in the reverse repo rate at which the RBI absorbs excess liquidity and leave the repo rate at which it lends, to narrow the policy rate corridor, a British brokerage said on Thursday.

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