* TotalEnergies ?workers on Wednesday took a majority vote to halt production at the Feyzin refinery close to Lyon as part of wider strike action across France against a planned pension reform, a CGT union official told Reuters
* The walkouts have disrupted fuel deliveries at several sites operated by TotalEnergies and Esso in France on Wednesday.
* Last year extended strike action closed around 70% of France's refining capacity.
* The impact on product prices depends on the duration of the walkouts,
analysts
said.
* "We are still in wait-and-see mode. It is difficult to predict given the
48-hour
rolling nature of most of the strikes," Eugene Lindell, head of refined products
at consultancy FGE, said.
* "The impact of the strike becomes more serious in a few days if movements
to/from the French ports and refineries are blocked," said James Burleigh,
principal analyst at consultancy Wood Mackenzie.
* Meanwhile, European diesel imports are declining this week, according to
Refinitiv analysis.
* Refinitiv is tracking 2.32 million tonnes of diesel imports this week, of which 1.07 million tonnes are Russian barrels, which is likely to result in a lower final tally.
* A week ago, 2.06 mln t were scheduled, but this fell to 1.65 million
mostly due
to the missing Russian diesel.
* Gasoil stocks held in independent storage in the
Amsterdam-Rotterdam-Antwerp (ARA) refining and storage area fell slightly after
four weeks of gains, data from Dutch consultancy Insights Global showed on
Thursday.
* Meanwhile, U.S. distillate stockpiles , which include diesel
and
heating oil, rose by 0.1 million barrels in the week to 122.3 million barrels,
versus expectations for a 1 million-barrel drop, the Energy Information
Administration said on Wednesday. Trades Bids Offers Previous Seller Buyer
Session
0.1 GO
Barge
diffs fob
ARA per
tonne 0.1 GO
Cargo
diffs cif
NWE per
tonne
<GO-CND-NWE
>
0.1 GO April
Cargo -$4
diffs cif
Med per
tonne
<GO-CND-MED
>
50ppm barge
diffs fob
ARA per
tonne
<GO50PPM-ED
-ARA>
Diesel Trades Bids Offers Previous Seller Buyer
Session
Diesel March March March March Gunvor, Vitol,
barge -$1 to -$1 to flat -$0.25 Glencor Totsa,
diffs fob flat -$2 to flat e Mercur
ARA (5.6KT) ia
Per tonne
<ULSD10-BD-
ARA>
Diesel April March March Glencor Shell
cargo +$17.5 +$10-$1 +$12.5 e
diffs cif 0 1 (Thames)
NWE
Per tonne
<ULSD10-ANY
D-NWE>
Diesel March
cargo flat
diffs cif
Med
per tonne
<DL-CIFD-ME
D>
Jet fuel Trades Bids Offers Previous Seller Buyer
Session
Jet fuel CCM +$1
barge
diffs fob
FARAG
per tonne
<JET-BD-ARA
>
Jet fuel April April Glencor Vitol,
cargo +$39, +$39-$ e, BP
cif NWE per TQC 41 Aramco,
tonne flat, Totsa
<JET-CD-NWE +$1,
>
-0.25
Fuel Oil Trades Bids Offers Previous Sell Buy
Session
0.5% barge $545-$552 $558-$56 Totsa, Penin
fob ARA per 7 Shell, sula,
tonne Mercur OEI,
ia, Mercu
Glenco ria
re,
Vitol
3.5% barge $401-$403 $404-$40 Vitol, Penin
fob ARA per 6 Gunvor sula,
tonne Shell ,
Mercu
ria,
BP,
Maers
k,
North
star,
Totsa
ICE Low Sulphur Gasoil Previous
Diesel ARA Barge $26.45 $27.52
Crack(per barrel)
Diesel spread (Reporting by Rowena Edwards; Editing by Shailesh Kuber)
