Strike action at ExxonMobil's two French refineries will continue unless management agrees to new talks and presents fresh wage proposals according to Argus.

  • Workers at the 236kbpd Port Jerome refinery, the adjacent Gravenchon petrochemical plant and the 133kbpd Fos refinery have been on strike for 14 days.
  • Strikes at some of the French TotalEnergies refineries have brought a halt to the 246kbpd Gonfreville refinery and a part halt to the 109.3kbpd Feyzin refinery.
  • Diesel and gasoline crack spreads have rallied on supply concerns.
    • US 321 crack up 2.8$/bbl at 36.93$/bbl
    • US gasoline crack up 3$/bbl at 24.93$/bbl
    • US ULSD crack up 3.3$/bbl at 60.98$/bbl
    • EU Gasoline-Brent up 1.6$/bbl at 6.21$/bbl
    • EU Gasoil-Brent up 1.8$/bbl at 38.56$/bbl

OIL PRODUCTS: Refined Products Rally as French Refinery Strikes Continue

Last updated at:Oct-04 14:41By: David Lee
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Strike action at ExxonMobil's two French refineries will continue unless management agrees to new talks and presents fresh wage proposals according to Argus.

  • Workers at the 236kbpd Port Jerome refinery, the adjacent Gravenchon petrochemical plant and the 133kbpd Fos refinery have been on strike for 14 days.
  • Strikes at some of the French TotalEnergies refineries have brought a halt to the 246kbpd Gonfreville refinery and a part halt to the 109.3kbpd Feyzin refinery.
  • Diesel and gasoline crack spreads have rallied on supply concerns.
    • US 321 crack up 2.8$/bbl at 36.93$/bbl
    • US gasoline crack up 3$/bbl at 24.93$/bbl
    • US ULSD crack up 3.3$/bbl at 60.98$/bbl
    • EU Gasoline-Brent up 1.6$/bbl at 6.21$/bbl
    • EU Gasoil-Brent up 1.8$/bbl at 38.56$/bbl