Shell To Reduce Output At Europe’s Biggest Oil Refinery

Shell will shut down a key processing unit at its Pernis refinery in Rotterdam as it prepares for seasonal maintenance at Europe’s biggest refinery. Bloomberg reported, citing an unnamed source familiar with the supermajor’s plans, that the maintenance operations would involve two high-vacuum units that produce feedstock for the refinery units that make diesel and gasoline.

The maintenance operation, according to the report, could boost prices for gasoline and diesel in northwestern Europe at a time when they are already on the climb.…