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06 Jul 2023 | 11:30 UTC
Featuring John Morley, Robert Perkins, Natasha Tan, and Vinicius Eduardo Maffei
Europe is bracing for challenges this summer as its main waterway experiences lower-than-usual rainfall. The Rhine is drying up well ahead of historical patterns, and the short-term forecast is for water levels to fall below critical levels for barge navigation as early as mid-July.
In this Platts Oil Markets podcast from S&P Global Commodity Insights, John Morley is joined by oil news reporter Robert Perkins, as well as Natasha Tan and Vinicius Maffei, middle-distillates and light-ends price reporters respectively. Together they look at the immediate impact and potential disruption to European oil product markets should the Rhine suffer a severe dry spell.
Related price assessments:
AAJUS00 - ULSD 10ppmS FOB ARA Barge(opens in a new tab)
PJABA00 - Jet FOB FARAG Barge(opens in a new tab)
PAAAL00 - Naphtha CIF NWE Cargo $/mt(opens in a new tab)
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