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US refiners brace for disruption as tariffs threaten Canadian and Mexican crude supply
US refiners may be forced to find alternative crude oil sources and could face challenges in maintaining optimal refinery operations due to potential tariffs on Canadian and Mexican crude oil, which would significantly limit their options. The proposed tariffs on Mexican and Canadian energy imports have been delayed until early March, but market uncertainty persists due to President Donald Trump’s plan, according to Vortexa’s senior oil market analyst, Rohit Rathod. “US Midwest refiners, who rely mainly on Canadian crude via pipeline, might see a reduction in run rates and challenging economics if tariffs are ... (full story)
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- Posted: Feb 15, 2025 1:00pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 166
