Water levels on the Rhine are likely to rise to above one meter in some places later this week, temporarily easing navigation and enabling oil product importers in Germany and Switzerland to restock, traders said Wednesday. Rhine levels have been low since July, hampering the normal circulation of barges laden with oil products on the river and forcing operators to load less volume than usual by as much as several thousand mt. “We’re expecting big improvements on the Rhine. There’s a lot of rainfall expected this week and over the weekend,” one trader said. “We should see Rhine levels back up to around one meter in some parts, which means you can start loading around 1,200 mt on a barge again.” Water levels at Kaub — a key transit hub along the middle Rhine — will reach one meter by 7:00 local time on Saturday, up from just 57 […]