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.
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.
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