Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...
President Trump’s tariff on Canadian oil is expected to raise prices at the pump for U.S. consumers, if it takes effect as ...
He added that the exact impact of tariffs on gas prices will likely be muddied by the annual spring price increase thanks to ...
U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...
New 25% tariffs on Canadian and Mexican oil imports may increase U.S. gasoline prices by up to 70 cents per gallon.
But many refineries aren't equipped to process the light crude from ... administration's top trade official to exempt crude oil and natural gas from levies because they would "directly undermine ...
Canada and Mexico are the top sources of U.S. crude imports, together accounting for around one-quarter of the oil U.S. refiners process into fuels such as gasoline and heating oil, according to ...
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...