Since mid-July, falling water levels on the Rhine River -- a key transport artery linking the ARA refining hub with inland German demand -- have pressured FOB barge markets in Northwest Europe as logistical outlets are constrained and stock levels in the region build.The head of Platts European distillates team Olivier Lejeune discusses the Rhine issues with diesel and jet fuel editors Maude Desmarescaux and Philippe Casey, specifically addressing rising barge freight rates and the overall pricing impact of the situation.
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