Marathon Oil has highlighted a significant drop in the company's refining and marketing margins for the fourth quarter of 2009, although the company stopped short of describing how this will directly impact its earnings. In an interim update, Marathon said its fourth-quarter 2009 refining margins are expected to average just 1 per gallon, down sharply from the 12.5c/gallon earned in the same period of 2008 and 7.6c/gallon earned in the third quarter of 2009.
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