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Fuel Shortage Fears In France Increase

OIL

Fears of fuel shortages in France increase as industrial action at Exxon Mobil’s and TotalEnergies’ refineries in France continue according to Bloomberg.

  • A total of 10% of all fuel stations in France are currently missing one type of fuel.
  • Industrial action at French refineries could reduce refinery runs by up to 500kbpd this month if Ineos’ Lavera site will also go under strike action. Excluding Lavera, runs could be reduced by 400kbpd according to Energy Aspects.
  • Total has been halting operations at its oil refinery in Normandy because of strike actions while runs at the Feyzin site have been reduced and shipments remain blocked.
  • Exxon Mobil’s Gravenchon and Fos sites are likely to be still under strike action. On Monday, Exxon reduced throughout at Gravenchon due to a lack of crude supply from the port of Le Havre, while deliveries at Fos are still disrupted by protests.
Energy BulletsCommodities
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