- The 240,000-barrels-per-day Port Jerome-Gravenchon oil refinery in France, operated by ExxonMobil, is producing less fuel because of strike action at the plant, Exxon told Reuters on Wednesday.
- The disruption at the French refinery comes amid a worsening energy crisis in Europe.
- Yet, the global oil market will have to prepare itself for a loss of 2.4 million bpd supply when the EU embargo kicks in; an additional 1 million bpd of products and 1.4 million bpd of crude will have to find new homes.
Strike At Exxon Refinery Adds To Europe’s Energy Woes
