Energy stocks were advancing pre-bell Tuesday as the Energy Select Sector SPDR (XLE) was recently gaining 0.39% in value. The United States Oil Fund (USO) was more than 1% higher and the United States Natural Gas Fund (UNG) was up 0.56%.West Texas Intermediate crude oil was up $0 Source: Industry Insights

U.S. refiner Marathon Petroleum Corp reported a smaller adjusted loss for the first quarter on Tuesday, from the previous three-month period, as the mass rollout of COVID-19 vaccines helped drive a rebound in fuel demand. Source: Industry Insights

U.S. refiner Marathon Petroleum Corp reported a smaller adjusted loss for the first quarter on Tuesday, from the previous three-month period, as the mass rollout of COVID-19 vaccines helped drive a rebound in fuel demand. Source: Industry Insights

Operators of U.S. Midwest refiners, including BP, Marathon Petroleum Corp and Cenovus, are hiring lower-cost subcontractors to handle massive, months-long maintenance projects, setting aside longtime unionized workers, six sources familiar with the projects told Reuters. Source: Industry Insights