Striking action in France's refineries is poised to tighten European diesel markets, while crude oil markets are looking weaker, traders who spoke to Reuters said on Monday. France has been battling strikes in its crude oil refineries as union members' pension system is due to be overhauled. The strikes have so far blocked shipments of refined products from France's Donges and La Mede refineries and have reduced the throughput at the Normandy and Feyzin refineries.
The curtailments have resulted in less feedstock demand—i.e., weaker crude…More Strikes: European Diesel Markets Could Tighten, Crude Market Weakens
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