French Energy Ministry considers increasing oil refining capacity

French Energy Ministry considers increasing oil refining capacity | Reuters "There is no risk of supply disruption. However, there is market tension, particularly evident in the sharper rise in diesel prices compared to gasoline prices," the ministry told reporters. France imported about 50% of its diesel consumption before the start of the war, it said. Prices and supply of crude oil and refined products have become extremely volatile after Iran effectively closed the key Strait of Hormuz, through which ab ...