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Trump's tariff plan angers many? US oil industry warns: rbob gasoline costs rise exacerbating consumer burden
① President-elect Trump of the usa threatens to impose a 25% tariff on products from Mexico and Canada, causing concerns in the oil rbob gasoline industry; ② U.S. refineries highly rely on crude oil imports. The American Petroleum Institute warns that tariffs will raise refining costs and gasoline prices, exacerbating consumer burden; ③ Analysts believe the likelihood of Trump implementing the tariff plan is small.
cls.cnNov 27 22:54 ET
Oil Prices Steady Amid US Gasoline Stock Build And OPEC+ Uncertainty
Business TodayNov 27 18:42 ET
Imperial Oil Brief: Will Host a 2025 Corporate Guidance Outlook Call and Presentation on Thursday, December 12
MT NewswiresNov 27 16:31 ET
Imperial to Hold 2025 Corporate Guidance Outlook
BusinesswireNov 27 16:30 ET
Trump's Tariff Plan Threatens Higher US Gasoline Prices
BNN BloombergNov 27 13:20 ET
Trump's Tariff Bombshell: Could U.S. Gas Prices Skyrocket?
Yahoo FinanceNov 27 08:09 ET

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Moomoo News Canada

Jul 4 03:10

Columns Trans Mountain Seen Boosting Canadian Oil Prices: Potential Beneficiaries Among Oil Stocks and ETFs

U.S. West Coast refiners are replacing their heavy Iraqi oil imports with cheaper crude from Canada as the newly expanded Trans Mountain pipeline reshuffles trade flows across the Pacific.
California and Washington are set to import about 150,000 barrels a day of Canadian crude by tanker in June — a seven-fold increase from average volumes, according to preliminary Vortexa data.
Refiners in the US ...

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Moomoo News Canada

Jun 25 08:52

Columns 2024 Half-Year Recap | 10 Dividend-Monster Stocks in Canadian Market

Statistics Canada released the inflation report for May on Wednesday, showing a surprising uptick in the country's yearly inflation rate to 2.9% for the month, exceeding the forecasted figure of 2.7%. This development might shake the market's anticipation of a rate cut coming in July. Nonetheless, the data aligns with the Bank of Canada's target range for inflation control, set at 1%-3%. Before the report's release, market conse...

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Moomoo News Canada

May 23 08:10

Columns Everything You Need to Know on Thursday: Copper's Downward Trend Continues as High Prices Repel Chinese Purchasers

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,347.70, up 0.64%
● Copper's downward trend continues as high prices repel Chinese purchasers
● Imperial starts production at new oilsands project using lower-emissions technology
● TD Bank earnings dented by provisions, restructuring and rise in non-interes...

Gold, silver and copper hit highs: Will the rally last?

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AI beater

May 10 16:03

Columns Opportunities in Canadian Oil and Gas

From the point of view of globalization and comparative advantages, there exist considerable opportunites in the natural resource sector of Canada. Among others, oil and gas is an important natural resource sector.
As Canada is named as a major oil and gas producing company by our PM (video), the bullish side of the oil and gas sector is further enhanced by the recent completion of trans-moutain pipeline expansion project and the major progress of the LNG Can...

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Moomoo News Canada

Apr 21 19:24

Columns The Week Ahead (TSLA, META, GOOG, MSFT, IMO Earnings; PCE Inflation)

Earnings Preivew
Next week's earnings reports from major technology companies might provide a boost to a weakening market, or at the very least, offer investors insight into future stock trends. $特斯拉(TSLA.US)$is set to release its earnings on Tuesday, followed by $Meta Platforms(META.US)$ on Wednesday. The week continues with a significant day on Thursday, as $谷歌-C(GOOG.US)$, the parent company of Google, and $微软(MSFT.US)$both a...

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