Europe's River and Fuel Levels Both Running On Empty

Rhine water levels are falling toward critical lows, and the Kaub gauge now signals how much refined product can move across Europe. Marco Saggese, StoneX VP of Clearing & Execution Sales, breaks down how the shrinking Rhine, the Kaub gauge, and doubling barge freight are squeezing Europe's refined product supply. Saggese explains why the ARA storage hub, the Amsterdam, Rotterdam, and Antwerp complex, prices and stores most of Europe's refined product supply, and how thinning Rhine River logistics ripple outward. With barges forced to sail part loaded and barge freight rates climbing, the pressure moves from the water to the tank and on to the trucks that carry product inland. Discover Actionable Energy Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/energy?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_marco_saggese&utm_content=share Backwardation Set the Trap Before Low Water on the Rhine Sprang It: https://www.stonex.com/en-us/insights/backwardation-set-the-trap-before-low-water-on-the-rhine-sprang-it/ Watch the full conversation: https://www.youtube.com/watch?v=k4gHiHYq7yU 0:00 ARA Hub Feeds All of Europe 0:53 The Kaub Gauge Warning Sign 1:43 Freight Rates Suddenly Double 2:14 Barges Stall, Fuel Backs Up Like and subscribe for more financial market insights. #StoneX #MarcoSaggese #Rhine #Energy