CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

France’s Fuel Shortage Fears Lessen, Le Havre Port Resumes Oil Product Imports

OIL PRODUCTS

The number of French filling stations experiencing shortages has fallen this week, while disruptions at the Le Havre port ended and oil product exports partly resumed according to France’s petroleum industry lobby group UFIP.

  • One of France’s 200 fuel depots is still blocked by strikes and deliveries are still getting in but at a reduced rate. Depots had enough supply to meet three to four months of demand, depending on the region, as of March 6 when the latest round of labour action started, UFIP said.
  • Oil product imports at Le Havre port partly resumed after industrial action at the port on Wednesday.
  • Industrial action at France’s Fos and Lavera oil terminals has been extended until further notice. Strikes were scheduled to end on 31 March.
  • Around 11% of French service stations are lacking at least one type of fuel as of Thursday evening. This is unchanged from Wednesday and down from 15% on Tuesday, UFIP said.
  • Prime Minister Elisabeth Borne is due to meet labour union leaders on 5 April.
BulletEnergy BulletsHomepageCommodities
BulletEnergy BulletsHomepageCommodities

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.