Rhine river oil-product freight rates decline to two-month low

Rhine River freight rates for oil products dropped to the lowest level in two months, Bloomberg reports.  The cost of shipping gasoil to Duisburg, Germany, from Rotterdam or Amsterdam fell 25 cents to 4.25 euros ($5.61) a metric ton yesterday, according to data compiled by Bloomberg. That’s the lowest since Jan. 31.
Rates for transporting gasoline to Karlsruhe (RBARKEGE) from Rotterdam declined to 12.75 euros a ton yesterday, the lowest since Feb. 3, the data show.