oil workers

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.

Almost 8% of workers in Norway's offshore oil industry are threatening to go on strike starting June 5. A walkout by this segment of the workforce could disrupt operations on the Norwegian continental shelf, a key source of European oil and gas supply. The threat comes as labor negotiations in the energy sector draw attention across the region, with employers and unions under pressure to reach agreement before the deadline.