2008-04-28cnn.com

BP workers walked out of a British refinery Monday, closing a refinery that delivers about one-third of England's oil from the North Sea. Though BP said its pipeline could be up and running when the strike ends Tuesday, the refinery may not return to full production until next week.

"This is a significant event," said Stephen Schork, publisher of the oil trading newsletter The Schork Report. "The consumer market in Great Britain is going to have to get their oil elsewhere, which is going to affect the global market."



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