Oil products output at Europe’s largest oil refinery—Shell’s 404,000-bpd Pernis refinery in the Netherlands—will be reduced after workers started a strike on Monday, demanding higher wages. “There will be impact on production but at this point we can’t say exactly what the exact impact will be because we don’t know yet,” a spokeswoman for Shell told Reuters today, confirming that the industrial action, which local trade unions threatened in March, had begun. In March, Dutch trade union CNV gave Shell seven days to meet their demands before announcing a strike. At the end of last month, CNV said that workers would reduce production at the Pernis refinery and the Moerdijk chemical plant beginning on April 8 and would keep output at lower levels until workers’ demand are met. The union had given no indications of the amount of output reduction, but Pernis is the largest oil refinery in Europe, […]