Major producers, including OPEC countries and Russia, agreed to extend the production quotas implemented in January through the end of 2018.
Read More Propane prices often go through a bit of a slump between the middle of October and the Thanksgiving holiday.
Read More Relative to West Texas Intermediate’s crude price, Mont Belvieu is valued at 76 percent, while Conway is valued at 73 percent.
Read More U.S. propane supply is growing, but not as much as in past years.
Read More Recently, propane prices have not gone beyond 78 to 80 percent of West Texas Intermediate (WTI) crude’s price.
Read More With winter approaching, the most recent data shows petrochemical companies shying away from propane as a feedstock.
Read More As winter approaches, the Midwest, like the rest of the nation, has propane inventory levels that are below the five-year average and well below last year’s.
Read More It has been a tough three weeks for propane inventories, as the typical period of inventory build nears its end.
Read More 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 Propane prices increased after the Energy Information Administration reported U.S. propane inventory fell 1.377 million barrels for the week ending Sept. 15.
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