If Canada and the U.S. slap tariffs on oil imports, it will be their consumers and refiners who feel the pain

Financial Post | Apr 8, 2020 at 5:01 PM
  • Around the world, people are staying home to avoid spreading the COVID-19 virus.
  • If the goal of the trade tariffs is to retaliate against Saudi Arabia, Russia and other OPEC countries for starting a price war, this plan may have some effect.
  • The largest suppliers were Saudi Arabia (500,000 bpd), Iraq (330,000 bpd), and Nigeria (186,000 bpd).