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CVE:CC - Marathon restarts Ozark pipeline following leak
Cenovus Energy Inc.
Marathon (NYSE:MPC) (NYSE:MPLX) has resumed flows on its Ozark pipeline in Illinois Wednesday, and the pipe is flowing at ~330kb/d or ~90% of nameplate capacity, following a leak reported late last week. The pipe links Cushing to the Philips (NYSE:PSX) and Cenovus (NYSE:CVE) Wood River refinery. The outage weighed on prompt crude spreads in Cushing, according to Bloomberg; however, the outage should have little impact on this week's DOE report, given the timing of the outage.