Cost of Moving Fuel to Upper Rhine Rises by Most Since February
As water levels drop, on the River Rhine, so does the volume of goods barges are able to carry.
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The cost of moving diesel from Rotterdam’s oil-trading hub to a key point on the Upper Rhine rose the most since February, as low water levels restrict volumes barges are able to carry.
Transporting diesel to Karlsruhe, Germany, cost 11% more as of Monday, according to data compiled by Insights Global, with the trip from Rotterdam quoted at 46 euros ($50.66) a ton.