Low water levels on Rhine River disrupt petroleum product shipments ahead of winter (10/24/2018)

Low water levels on the Rhine River in Europe have resulted in transportation disruptions for shipments of petroleum products by barge, which in turn have resulted in higher freight costs and higher prices in markets upriver, such as southern Germany. These disruptions are occurring at a time when these markets typically build inventories of distillate fuel for space heating ahead of the winter. ... More »