Despite the deal to pause tariffs, ING analysts said Canada would remain vulnerable to trade wars unless it expanded its export options beyond the U.S. with more pipelines from oil fields to ports.

Stanchart: Tariffs on Canadian oil could lead to reduced refinery runs and higher gas prices in the U.S. Midwest. Analysts predict Mexico may opt to divert exports to Asia and Europe ...

Canada sends nearly all its roughly 4 million barrels a day of oil exports to the US, making it America’s largest foreign source of crude. American refiners benefit from the steady flows of ...

Canadian oil producers including giants like Enbridge (ENB), Suncor Energy (SU) and Cenovus Energy (CVE) are likely to bear the brunt of tariffs imposed on energy imports by the White House over ...

NEW YORK (Reuters) -U.S. consumers will see higher prices at the gas pump from President Donald Trump's decision on Saturday to apply tariffs on Canadian and Mexican oil, according to analysts and ...

Canada is the biggest supplier of heavy crude to American refiners, exporting it at a rate of close to 4 million barrels daily, which makes it the biggest exporter of crude oil to the U.S. in general.

Canada is a key supplier of crude oil to the US, with the US importing around 4m b/d from Canada (61% of total imports). This crude oil is a heavier crude, which many US refineries are configured ...

Oil futures were up sharply Monday after President Trump over the weekend slapped tariffs on Canada, Mexico and China, sparking worries over U.S. crude imports, though upside was limited by ...

Scotiabank estimates the tariff on Canadian oil will work out to about US$5.60 per barrel. (GETTY) · chinaface via Getty Images Scotiabank Global Equity Research predicts U.S. President Donald Trump’s ...

“A 10 per cent tariff would imply a $4 to $6 per-barrel levy and (a price discount on Canadian heavy oil) of $15 to $16,” RBC Capital Markets analyst Greg Pardy said in a research note on Sunday, ...

Canada is also the top supplier of crude oil to the US, making up 60% of total oil imports, according to the US Energy Information Administration. Doug Ford, Ontario's premier, has suggested that ...