Strike vote raises fears of North Sea oil disruption

|By:, SA News Editor

Workers at the 210K bbl/day oil refinery in Grangemouth, Scotland, vote to strike, raising fears of disruption to North Sea oil supplies that could drive up Brent crude prices.

Steam from the refinery, owned by PetroIneos, powers BP's adjoining Kinneil terminal, which receives oil from a pipeline carrying North Sea Forties, one of the four crudes that underpins the Brent oil benchmark.

ETFs: BNO, UOIL, DOIL.