The Traderszone Network

Published in TZ Latest News 2 February, 2015 by The TZ Newswire Staff

U.S. refinery strike nears third day as Shell, union meet

Royal Dutch Shell Plc negotiators met on Monday with the union representing workers at U.S. refineries as a strike stretches into a third day after talks on a new national contract broke down. A United Steelworkers spokeswoman said no progress was made toward a new agreement after the two sides discussed the issues. Contract talks broke down on Sunday with workers asking for higher wages against a backdrop of crude prices that have plunged nearly 60 percent since June, prompting oil companies to cut spending.

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