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Market Chatter: CVR Energy Nearing $4 Billion-Plus Deal to Buy Refineries From Marathon Petroleum

Market Chatter: CVR Energy Nearing $4 Billion-Plus Deal to Buy Refineries From Marathon Petroleum

MT newswireMT newswire2026/11/03 08:26
04:26 AM EST, 11/03/2026 (MT Newswires) -- CVR Energy (CVI) is close to acquiring oil refineries from Marathon Petroleum (MPC) in a deal worth more than $4 billion, The Wall Street Journal reported late Monday, citing people familiar with the matter. The deal is expected to be announced Tuesday, if talks continue to progress, the unnamed sources told the publication. CVR and Marathon didn't immediately respond to MT Newswires' requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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