Refiners Would Pay Tariffs on Oil. Why Some Stocks Are Rising Anyway. - Barron's
1. Refiners face 10% tariffs on Canadian oil, affecting operational costs. 2. VLO and Marathon Petroleum saw price increases despite broader market decline. 3. Tariffs lower than feared, originally suggested at 25%, boosts investor confidence. 4. Canadian oil producers likely absorb most tariff impact, reducing risk for refiners. 5. Gasoline prices may rise if refiners pass tariffs to consumers.