According to foreign media reports, several French refineries went on strike on October 8, and the All-China Federation of Trade Unions of France CGTh claimed that workers need to raise their wages to fight inflation !
France's largest refinery, Total Energies, and two French refineries of ExxonMobil, the United States, remained shut down due to strikes!
The union said the strike was caused by employees asking the factory to increase its salary by 10%!
This strike action and unplanned maintenance of the French refinery resulted in more than 60% of the refining capacity in France and caused fuel shortages in 42% of gas stations in the Calais Strait area and 43% of gas stations in the northern province! France's energy supply is further tightening and pushing up gasoline prices!
Due to uncertainty over the duration of the strike, the French government is considering putting strategic crude oil reserves over the weekend or allowing supplier to buy diesel cargo from record-breaking ultra-large crude oil tankers (VLCCs) entering Europe.
According to relevant data, when nuclear power levels are low, it is very likely that France will use diesel power generation in winter!
This will further increase the overall European diesel price and crude oil import price! It is better to buy
than to make it. This winter is believed to be the most vigorous export season for global refining and chemical centers to export refined oil to Europe, especially diesel!
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