US refiners in the Midwest are unlikely to reduce imports from Canada as the limited substitutability of Canadian crude with ...
Oil futures finished Monday with a gain after President Trump slapped tariffs on Canada, Mexico and China over the weekend, sparking worries over U.S. crude imports.
The Midwest has become increasingly reliant on cheap Canadian oil over the last two decades, and switching to another source ...
Even with a reduced tariff on Canadian crude, the added costs will make refining feedstocks more expensive for U.S. refiners, ...
Photos obtained by CBC News reveal the extent of the damage to an important oil terminal in Newfoundland and Labrador after a ...
A tariff on oil imports could lead to lower production of fuel at those facilities and drive up costs for consumers, analysts ...
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...
Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, as lower crude prices offset higher ...
On February 1, 2025, the United States is set to impose tariffs on imports from Canada and Mexico. There are still too many ...
US oil tariffs enacted by the Trump administration on Canada and Mexico would lead to a ‘significant shift in crude flows in ...
Oil prices dip as Trump threatens tariffs on Canada & Mexico. Uncertainty over crude imports keeps markets volatile. Traders ...
Refiners are awaiting clarity and preparing for U.S. President Donald Trump's threatened tariffs on crude imports from Canada and Mexico. Trump said on Friday that he would lower threatened tariffs on ...