Michael Hennigan on crude oil differentials
From Marathon Petroleum Corp ($MPC) Q3 2025 Earnings Call · · Castify Earnings Call
“We expect sour differentials to widen slightly in Q1 on incremental OPEC production and incremental Canadian production especially as we enter the dilluent blending season and production grows. The one area that I would like to point out is we've certainly seen depressed ASI prices... and we're quite bullish on the ASI as we're seeing that not only in current ASI markets but in the future forward curve.”
On , Michael Hennigan, Executive Chairman of the Board at Marathon Petroleum Corporation, spoke about crude oil differentials during Marathon Petroleum Corp ($MPC) Q3 2025 Earnings Call on Castify Earnings Call.
About Michael Hennigan
Michael Hennigan, Executive Chairman of the Board at Marathon Petroleum, will step down from his role at the end of 2025. During the company's third-quarter earnings call, CEO Maryanne Mannon stated that Hennigan's "guidance has been tremendously valuable to our board, to me" and that he leaves the company "in an extremely strong position."