Oil barge trade to be hit further as Rhine water levels plunge: traders
Disruptions to supplies of oil products and petrochemical feedstocks through the Rhine river are expected to worsen as water levels have fallen to extreme lows, traders told S&P Global Commodity Insights Aug. 15. Water levels at Kaub, a key chokepoint located between the Lower and Upper Rhine, fell to 30 cm on Aug. 15, the lowest in years, according to…