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The dire consequences of falling Rhine water levels on refined oil products

The dire consequences of falling Rhine water levels on refined oil products

FromOil Markets


The dire consequences of falling Rhine water levels on refined oil products

FromOil Markets

ratings:
Length:
16 minutes
Released:
Jul 6, 2023
Format:
Podcast episode

Description

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 PJABA00 - Jet FOB FARAG Barge PAAAL00 - Naphtha CIF NWE Cargo $/mt We want to hear about your podcast preferences so we can keep improving our shows. Take our podcast survey here and share your thoughts: https://www.surveylegend.com/s/4xyz
Released:
Jul 6, 2023
Format:
Podcast episode

Titles in the series (100)

S&P Global Commodity Insights analysis of key oil price movements across the globe.