Tariffs threaten Pemex revenue from higher Deer Park costs

If no agreement is reached with the Donald Trump government, imported crude oil tariffs would raise the operating costs of the Texas-based Deer Park refinery, which would have a direct impact on Mexican Petroleum (Pemex) revenues. PETROIntelligence CEO Alejandro Montufar Helu explained that tariffs can cause an increase in the operating costs of US refineries, which would cause a chain effect on fuel prices. By moving these additional costs to r…