Propane prices on uptrend with improved fundamentals
January 9, 2017 By Mark Rachal and Dale Delay
Propane prices have been on a strong uptrend over the past year as fundamental conditions improve.
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Mont Belvieu-Conway price spread tightens at year’s end
December 26, 2016 By Dale Delay and Mark Rachal
The price difference between the Mont Belvieu and Conway has tightened considerably over the last month and a half.
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Propane exports, domestic demand hit inventory
December 19, 2016 By Mark Rachal and Dale Delay
For the week ending Dec. 9, the U.S. Energy Information Administration reported a 3.629-million-barrel draw in U.S. propane inventory.
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Higher natural gas prices result in increased drilling, supplies
December 12, 2016 By Mark Rachal and Dale Delay
Natural gas prices have been rising rapidly since mid-November. Winter weather is a key factor in driving prices to their highest level since December 2014.
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The effects of OPEC’s production controls on pricing
December 5, 2016 By Mark Rachal and Dale Delay
The major news last week was the conclusion of the ballyhooed meeting by the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria.
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Growth in propane supplies continues to slow
November 28, 2016 By Mark Rachal and Dale Delay
A look at U.S. propane supplies from natural gas processing plants shows that output is higher than last year.
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Propane a more expensive Btu, despite lowering prices
November 14, 2016 By Mark Rachal and Dale Delay
Propane has become a more expensive Btu over the summer, relatively speaking.
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Big build in crude inventory follows previous week’s draw
November 6, 2016 By Mark Rachal and Dale Delay
For the week ending Oct. 28, EIA’s Weekly Petroleum Status Report revealed U.S. crude inventory increased by a record-high 14.42 million barrels.
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Traders remain calm despite three straight draws
October 31, 2016 By Mark Rachal and Dale Delay
Propane inventory fell three weeks in a row, but traders remain calm. Find out why.
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Export activity on the rise along East Coast
October 24, 2016 By Mark Rachal and Dale Delay
For the week ending Oct. 14, the Energy Information Administration (EIA) reported a 1.246-million-barrel draw in U.S. propane inventory.
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