May 3 (Reuters) - Marathon Oil Corp on Wednesday topped first-quarter profit estimate, as crude prices traded at elevated levels amid tight supplies and higher demand.

The Houston, Texas-based oil and gas producer posted adjusted income of 67 cents per share for the three months ended March 31, compared with the average analyst estimate of 60 cents per share, according to Refinitiv data.

(Reporting by Arunima Kumar in Bengaluru; Editing by Maju Samuel)