About Mark Rachal
Posts by Mark Rachal
On Wednesday, the Energy Information Administration (EIA) reported a significant drop in U.S. propane exports for the week ending Aug. 9. Read more»
A big change in the U.S. propane supply demand balance between 2018 and 2019 has driven prices sharply lower. Read more»
The focus of last week’s Trader’s Corner was Canadian propane inventory, which is setting five-year lows for this time of year. As we pointed out, a big reason is increased exports by Canadian producers. Read more»
The latest data from the National Energy Board (NEB) of Canada shows propane inventory posting a new five-year low for June. Click to enlarge. Image: Cost Management Solutions June inventory... Read more»
A rise in petrochemical company demand for propane as a feedstock is helping tighten the supply and demand balance for propane. Read more»
The Energy Information Administration surprised propane markets on Wednesday by reporting a draw on U.S. propane inventory for the week ending July 5. The draw was a result of an... Read more»
Weekly estimates from the Energy Information Administration show a robust U.S. propane export market. Exports have been above a million barrels per day (bpd) for 14 straight weeks, averaging 1.194... Read more»
The price spread between Mont Belvieu LST propane and Conway propane ballooned last month. Leading up to June, the difference in prices between the two hubs had been narrowing. Mont... Read more»
Recently, there have been significant threats to crude supplies, but crude markets have remained relatively calm. Crude prices are more than 20 percent below their recent peak, despite numerous attacks... Read more»
May was a bearish month for propane. Falling crude and sluggish fundamentals combined to send propane prices down to multi-year lows. Read more»
