Decreasing crude supply may hinder propane supply
February 23, 2021 By Mark Rachal
Despite the effects of the coronavirus pandemic, U.S. demand for petroleum products is recovering. Supply, however, is not.
Read More Propane production on rebound as refinery throughput increases
June 29, 2020 By Mark Rachal
U.S. propane production has been on the rise over the past few weeks, putting a lid on propane…
Read More Inventory builds begin lighter than previous year
May 27, 2020 By Mark Rachal
Inventory builds were late in starting this year, and now that they have, last week’s data showed they can be lighter than normal.
Read More Propane rallies amid crude pricing struggles
April 23, 2020 By Mark Rachal
The oversupply in crude is leading to reduced propane supply, which is causing the value of the two commodities to separate.
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.
Read More Crude production and drilling impact propane supply
September 24, 2019 By Mark Rachal
Last week in Trader’s Corner, we took a close look at natural gas production and drilling. Since more…
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US crude production continues to rise
September 3, 2019 By Mark Rachal
U.S. crude production continues to rise, reaching a record high of 12.5 million barrels per day during the week that ended Aug. 23.
Read More Supply keeping crude markets calm
June 17, 2019 By Mark Rachal
Recently, there have been significant threats to crude supplies, but crude markets have remained relatively calm. Crude prices…
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Inventory grows as supply outpaces demand
April 15, 2019 By Mark Rachal
April is when we make the transition from monitoring heating-degree days and the impact of winter weather to…
Read More Producers extend deal to limit production. So what’s next?
December 4, 2017 By Mark Rachal and Dale Delay
Major producers, including OPEC countries and Russia, agreed to extend the production quotas implemented in January through the end of 2018.
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