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.
Read More What to expect from changes in the crude price curve
September 18, 2017 By Mark Rachal and Dale Delay
The Organization of the Petroleum Exporting Countries projects demand for its crude will average 32.83 million barrels per day in 2018.
Read More What we can expect from where the price of crude is headed
August 7, 2017 By Mark Rachal and Dale Delay
The market has determined that production controls by producers cannot, by themselves, balance supply and demand enough to bring down global crude inventory.
Read More Speculative bulls contribute to crude selloff
March 13, 2017 By Mark Rachal and Dale Delay
Since Feb. 23, West Texas Intermediate crude has been in a downward price trend.
Read More The effect of OPEC’s production cut on crude, propane prices
October 3, 2016 By Mark Rachal and Dale Delay
Last week’s big news was the Organization of the Petroleum Exporting Countries’ decision to curb its production in an effort to support sagging crude prices.
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Slowing natural gas production factors in firming propane prices
September 26, 2016 By Mark Rachal, Dale Delay and LP Gas
Most of us in the propane industry focus on propane and crude fundamentals to provide guidance on the…
Read More Propane fundamentals at play in absence of strong crude rebound
August 1, 2016 By Mark Rachal and Dale Delay
Crude prices in the United States and around the world are in a sharp decline. Find out what this means for propane prices.
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The effects of the Gulf Coast propane inventory decline
June 6, 2016 By Mark Rachal and Dale Delay
Propane prices in the United States have fallen into a downtrend since the middle of May, reports Cost Management Solutions in the June 6 issue of Trader’s Corner.
Read More When will crude prices swing upward?
February 1, 2016 By Mark Rachal and Dale Delay
It is highly probable that the crude pricing pendulum has finally reached the point of equilibrium and is…
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