Advertisement
Canada markets closed
  • S&P/TSX

    22,308.93
    -66.90 (-0.30%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CAD/USD

    0.7317
    +0.0006 (+0.08%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • Bitcoin CAD

    83,113.62
    -2,631.66 (-3.07%)
     
  • CMC Crypto 200

    1,259.58
    -98.43 (-7.25%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • RUSSELL 2000

    2,059.78
    -13.85 (-0.67%)
     
  • 10-Yr Bond

    4.5040
    +0.0550 (+1.24%)
     
  • NASDAQ

    16,340.87
    -5.40 (-0.03%)
     
  • VOLATILITY

    12.55
    -0.14 (-1.10%)
     
  • FTSE

    8,433.76
    +52.41 (+0.63%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • CAD/EUR

    0.6789
    +0.0011 (+0.16%)
     

Chevron's South Africa unit has prepared for strike: statement

The Chevron Oil Refinery is seen in Cape Town, South Africa, June 30, 2016. REUTERS/Mike Hutchings (Reuters)

CAPE TOWN (Reuters) - Cheveron's South African unit has prepared for a strike by a major union over wages and will do as much as possible to maintain fuel supplies, the company said on Thursday. South Africa's largest oil refinery, a joint venture between Shell and BP, stopped operations earlier on Thursday when the strike began. (Reporting by Wendell Roelf; Writing by Joe Brock; Editing by James Macharia)