Refiners post strong gains as Gulf Coast refineries shut down with Isaac's approach: Marathon...

|About: Marathon Petroleum Corp. (MPC)|By:, SA News Editor

Refiners post strong gains as Gulf Coast refineries shut down with Isaac's approach: Marathon (MPC +1.7%) and Phillips 66 (PSX +0.2%) shut two Louisiana refineries with a combined capacity of 711K bbl/day, while Valero (VLO +5.5%) shuts two with a combined 405K bbl/day capacity;  Another factor pushing up prices is an explosion that shut operations at Venezuela's Amuay refinery.