The Latest Breaking News from MPC

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

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.

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

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.

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.

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…

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

Rolling coverage of the latest economic and financial news

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