Reuters with a recap of recent oil market news:
A looming strike in Norway threatened to cut output in western Europe's biggest producer
- About 755 Norwegian workers on seven oil and gas fields could go on strike from Saturday (they are seeking a new wage deal by Saturday)
- A final round of mandatory talks will be hosted by a state mediator on June 30 and July 1
- The affected fields account for nearly 18 percent of Norway's oil output --
