Refiner Marathon Beats Profit Expectations on Robust Fuel Demand

A Marathon Petroleum banner outside the El Paso refinery in El Paso, Texas on Oct. 1, 2018. Julio-Cesar Chavez/Reuters

Marathon Petroleum Corp. beat quarterly profit estimates on Tuesday as a rebound in fuel consumption helped the largest U.S. refiner tide over the surging cost of crude oil.

Marathon’s results followed strong earnings from other energy companies.