By Rowena Edwards

– Strikes at French oil refineries have provided temporary relief to volatile crude markets in Europe but delayed demand for the coming months when refined product supply is expected to run short.

Over 60% of France’s refining capacity — or 740,000 barrels per day (bpd) — has been out of action since mid-September due to wage strikes or unplanned maintenance.

The outages have fueled demand for crude oil grades in Europe that are normally…