Posts by Mark Rachal

What low Canadian inventory tells us about product flow Posted on 29 Jul 2019 in the Blue Flame Blog categories.

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»

More petrochemical demand for propane Posted on 22 Jul 2019 in the Blue Flame Blog categories.

A rise in petrochemical company demand for propane as a feedstock is helping tighten the supply and demand balance for propane. Read more»

Surprise US propane inventory draw Posted on 15 Jul 2019 in the Blue Flame Blog categories.

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»

Propane prices driven down by inventory build Posted on 08 Jul 2019 in the Blue Flame Blog categories.

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»

Propane price reflects oversupply nationwide Posted on 01 Jul 2019 in the Blue Flame Blog categories.

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»

Supply keeping crude markets calm Posted on 17 Jun 2019 in the Blue Flame Blog categories.

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»

Propane prices down to multi-year lows Posted on 11 Jun 2019 in the Blue Flame Blog categories.

May was a bearish month for propane. Falling crude and sluggish fundamentals combined to send propane prices down to multi-year lows. Read more»

Petrochemical demand for propane decreases Posted on 03 Jun 2019 in the Blue Flame Blog categories.

Petrochemical companies have been choosing ethane over propane. See what the propane demand decrease means for domestic demand and prices. Read more»

Propane production outpaces demand Posted on 28 May 2019 in the Blue Flame Blog categories.

Combined domestic demand and export volumes are not keeping up with increases in propane production. This results in building inventory and falling prices. Read more»

Middle East tension may affect global crude supply Posted on 20 May 2019 in the Blue Flame Blog categories.

Crude oil prices are moving higher with the potential for carrying propane prices along for the ride. There is a speculative premium being added to crude as tension in the... Read more»