US refiners may be forced to find alternative crude oil sources and could face challenges in maintaining optimal refinery ...
Canada and Mexico together supply 70% of US crude imports, with Canada alone contributing over 60% (4.1 million b/d in 2024). However, this figure understates the deep ...
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Hosted on MSNGas Questions Answered: The effect of tariffs, the state of refineries, and how closing in on spring affects pricingPatrick De Haan is a oil and gasoline analyst and he explains what he’s seeing for pricing trends, the threat of tariffs and ...
U.S. crude oil inventories rose last week as refinery maintenance continued, while gasoline stockpiles posted a surprise draw ...
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Tariffs will lift US gas prices within daysThe tariff on products imported from Canada will cost Americans 15 cents a gallon or more at the gas pump relatively soon.
The US needs Canada’s oil because their refineries aren’t tooled to refine anything else, said Stuart Trew, trade researcher with the Canadian Centre for Policy Alternatives in an interview ...
PBF Energy reported a loss for the fourth quarter of 2024, marking the third consecutive quarter of losses for the refiner ...
China hits back at U.S. tariffs by restricting export of crucial metals: tungsten, tellurium, bismuth, molybdenum and indium.
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Scripps News on MSNChevron, second-largest oil company in the US, plans to slash thousands of jobsChevron announced Wednesday it's laying off 15% to 20% of its workforce — meaning up to 9,000 jobs will be slashed.
LONDON/HOUSTON, Feb 1 (Reuters) - U.S. President Donald Trump's trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their U.S ...
The US Department of Energy’s Loan Programs Office has approved a loan guarantee of $1.67B for the expansion of an SAF ...
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