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US Treasury Auction Calendar
French Strikes Continue but No More Requisitions Planned
The CGT union has this morning rejected the latest pay offer from TotalEnergies as the French refinery strikes continue.
- The French government does not plan to issue more requisitions at this stage amid strikes affecting refineries and storage sites according to French Energy Minister Agnes Pannier-Runacher on Friday.
- The French government has this week confirmed it has requisitioned staff at the Dunkirk and Port Jerome depots to allow fuel deliveries to restart
- The prompt Gasoil time spread has pulled back slightly following the requisitions. Nov-Dec is down from a peak at 80$/mt yesterday back to 65$/mt.
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