Free Trial

France Replenished 70% Of Strategic Oil Reserves Released During Strikes

OIL

France has replenished 70% of its withdrawals from strategic oil reserves during strike action in March and April according to a person familiar with the matter.

  • Since 6 March, France released 6.92mn barrels of diesel and gasoline, 2.52mn barrels of jet fuel and 3.15mn barrels of crude oil.
  • France has replenished all the jet fuel and crude oil as well as 45.5% of gasoline and diesel that was withdrawn during strikes.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.