Don’t be overly bearish about propane just yet
August 19, 2020 By Mark Rachal
Developments in crude production and pricing should be watched carefully to see how that translates to propane production and pricing leading up to winter.
Read More Explaining the basis, catalyst of historic crude price drop
April 28, 2020 By Mark Rachal
As citizens sheltered in place, there was a dramatic shift in crude demand, leading to an extreme oversupply that has most available crude storage nearing capacity.
Read More Discussing crude collapse, propane pricing and supply with Mark Rachal
April 27, 2020 By Sarah Peecher
In addition to crude’s collapse, Rachal discusses the propane pricing and supply environment. COVID-19 will have a greater impact on propane supply than it will on propane demand, he says.
Read More How the crude war could impact propane prices
April 9, 2020 By Mark Rachal
While Saudi Arabia has called an emergency meeting of OPEC+, there is little doubt that U.S. production growth is very likely to slow in the future.
Read More US may become swing producer due to shifting crude prices
March 24, 2020 By Mark Rachal
The price of crude has rebounded a little since, but the potential for it to go lower is still present due to demand destruction from COVID-19 and producers not cooperating to limit production.
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October sees major correction for propane and crude
October 29, 2018 By Mark Rachal and Dale Delay
October has turned out to be quite frightening for crude and propane bulls. The upward momentum that had been prevalent since April came to a screaming halt.
Read More Increases in US propane exports help balance markets
March 12, 2018 By Brian Richesson
A report from the U.S. Energy Information Administration (EIA) examines U.S. propane’s relationship with world propane prices and crude oil prices.
Read More Determining OPEC, crude’s impact on propane values
March 5, 2018 By Mark Rachal and Dale Delay
Any forecast on propane prices begins with trying to determine where crude will be priced.
Read More Propane faces support from crude market bullishness
October 30, 2017 By Mark Rachal and Dale Delay
Recently, propane prices have not gone beyond 78 to 80 percent of West Texas Intermediate (WTI) crude’s price.
Read More A look at propane’s current value relative to WTI crude
October 5, 2017 By Mark Rachal and Dale Delay
WTI crude is an important metric because it gives propane retailers a way to evaluate the value of the product they sell. The comparison provides needed guidance when managing the price risks associated with propane supply.
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