Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated with a reduced flow.
The industrial action is part of a nationwide movement against pension system changes that lift the retirement age two years to 64. The changes were forced through parliament without a vote last week.of diesel supply shortages in France and Europe as a result of the strike-caused outages, which are weighing on North Sea and Nigerian crude prices and lifting the spot price of diesel higher than the forward price, traders said.
There are no signs of increased export from the Middle East currently on the water to plug the supply gap, but there is expectation for more U.S. supplies as more Russian supplies go to Latin America. The cost of keeping LR2 vessels floating outside ports is leading many traders to avoid shipments into France, traders said.240,000 barrel per day Normandy refinery and its 119,000 bpd site at Feyzin was reduced on Monday because deliveries were blocked. Deliveries were also blocked at the company's Donges and La Mede refineries, though production at both has been halted for maintenance.
The union is waiting to hear results of votes of no confidence in the government before deciding on continuation of the strikes, Lancelin added.in the National Assembly on Monday after it bypassed the lower house to push through the deeply unpopular overhaul of the pension system.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
France's Macron faces no-confidence vote as protestors arrested, refinery strikes continueThe French government faces two no confidence motions Monday afternoon over its pension system changes.
Read more »
Spanish company drops LNG terminal in New Brunswick citing high costs to ship gasThe Spanish company behind a proposal to export liquefied natural gas to Europe through a terminal in Saint John, N.B., has announced it will not go ahead with the project because the costs are too high. cdnpoli
Read more »
Battered Central California braces for next storm beginning MondayBattered Central California braces for next storm beginning Monday
Read more »
French police, protesters clash over Macron's pension reformProtesters chant 'Macron, resign!' and 'Macron is going to break down' as police fire tear gas and clash with demonstrators — reminiscent of the Yellow Vest protests which erupted in late 2018 over high fuel prices.
Read more »
French Protests Escalate Over Attempt to Force Retirement Age HikeOn Thursday, President Emmanuel Macron forwarded a plan to raise the retirement age without a National Assembly vote.
Read more »
French bulldogs stolen from Milwaukee yard, owner saysShe's not alone. Several French bulldog owners have reached out to FOX6 News about their missing or stolen dogs, too.
Read more »