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Norway Oil Workers' Strike Cuts Output by 2.4 Million Barrels

Original: Norway Oil Service Workers’ Strike Cuts Output by 2.4 Million boe, Industry Group Says

A strike by oil service workers in Norway has cut production by 2.4 million barrels of oil equivalent, according to an industry group. The stoppage is reducing output from one of Europe's largest energy producers, and attention is focused on how long the labour dispute will last and what it means for European energy supplies.

Why now: A major labour dispute disrupting oil output from Norway, a key European energy supplier, has immediate market and supply implications.

Norwayoil service workersNorwegian industry group

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