strikes

  • Norway Strikes Threaten to Curtail Norway’s Output by 8%

    Norway Strikes Threaten to Curtail Norway’s Output by 8%

    Monday, 5th October 2020

    Norwegian oil workers expanded their ongoing strike on Monday, leading to the potential shutting off of oil and gas production at six offshore fields.

  • Strikes in US Refinaries Decrease Libyan Exports and Boost Crude

    Strikes in US Refinaries Decrease Libyan Exports and Boost Crude

    Wednesday, 4th February 2015
    WTI crude (CLH5: $51.2 +3.2%) and Brent crude (LCOH5: $56.7 +3.6%) are trading higher for a third day as they continue to find support from the strike action at refineries in the US and a slump in Libyan exports. The potential for reduced supplies of motor fuel have led to strong rallies in gasoline and gas oil, which have in turn supported crude oil.