# Only a temporary calm - DHL Freight Connections

> Wholesale diesel in Europe fell from about $750 per ton in October to $550 by late November, but record-low Rhine water levels kept German retail costs high through barge transport constraints. OPEC and allies agreed to 1.2 million b/d in cuts, and Alberta plans a 325,000 b/d reduction starting in 2019.

- Date: 2018-12-27 · published 2018-12-27T12:00:00.000Z
- Category: logistics · region Europe · magnitude low
- Page: https://feedsoft.ai/events/61739-only-a-temporary-calm-dhl-freight-connections
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Low Rhine water raises inland barge freight costs, a logistics constraint that affects European fuel and grain movements. Announced supply cuts are expected to tighten crude markets in the coming months.

## Read by commodity

- BARGE: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-10-28 | [Fuel, Tight Capacity Push Projected Q4 Freight Costs Higher](https://feedsoft.ai/events/278-fuel-tight-capacity-push-projected-q4-freight-costs-higher.md) | -4.2% | — |
| DIESEL | 2019-08-30 | [Mixed information coming out of Florida on diesel fuel availablity - FreightWaves](https://feedsoft.ai/events/57780-mixed-information-coming-out-of-florida-on-diesel-fuel-availablity-freightwaves.md) | +1.7% | +4.3% |
| DIESEL | 2026-03-30 | [Mississippi River Reopens As Freight Costs Begin Rising -](https://feedsoft.ai/events/16378-mississippi-river-reopens-as-freight-costs-begin-rising.md) | -4.2% | -12.2% |
| DIESEL | 2021-02-18 | [Diesel fuel in short supply in Texas; prices on the rise - FreightWaves](https://feedsoft.ai/events/48825-diesel-fuel-in-short-supply-in-texas-prices-on-the-rise-freightwaves.md) | +4.0% | +3.4% |
| DIESEL | 2024-01-26 | [Europe’s Diesel Supply Chain Threatened by High Freight Costs - TT](https://feedsoft.ai/events/32308-europe-s-diesel-supply-chain-threatened-by-high-freight-costs-tt.md) | -2.4% | -3.8% |
| BRENT | 2022-03-18 | [Ocean Freight Rates Highest Since Nov. – AgFax - Supply Chain Council of European Union \| Scceu.org](https://feedsoft.ai/events/42191-ocean-freight-rates-highest-since-nov-agfax-supply-chain-council-of-european.md) | +10.4% | +1.1% |
| BRENT | 2026-08-23 | [Unprecedented! Geopolitical conflicts combined with climate drought push freight rates on global core shipping lanes up across the board. \| World Ports Organization](https://feedsoft.ai/events/16774-unprecedented-geopolitical-conflicts-combined-with-climate-drought-push-freight.md) | -6.2% | +23.0% |
| BRENT | 2022-03-23 | [Oil jumps 5% as Caspian pipeline disruption adds to supply fears \| Reuters](https://feedsoft.ai/events/8484-oil-jumps-5-as-caspian-pipeline-disruption-adds-to-supply-fears-reuters.md) | -5.9% | -10.6% |

## Sources

- dhl-freight-connections.com: https://dhl-freight-connections.com/en/trends/diesel-prices-q4-2018/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.