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 Trajectory of refinery throughput to impact propane production
April 14, 2020 By Mark Rachal
Under the current situation where crude is oversupplied on a global basis, U.S. propane supply fundamentals are becoming more price-supportive.
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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Reviewing natural gas’ relationship to propane
December 2, 2019 By Mark Rachal
Natural gas fundamentals are very important for propane retailers to monitor, since 80 percent of propane supply comes from natural gas processing.
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Mont Belvieu/Conway price differential declines
November 18, 2019 By Mark Rachal
In this Trader’s Corner, we will focus on the changes in the price relationship between Mont Belvieu and Conway, Kansas, between last year and now.
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Midwest propane supply issues have wide-ranging impacts
November 11, 2019 By Mark Rachal
There has been a shift in the price relationship between Mont Belvieu propane and Hattiesburg propane over the past year.
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Propane supply growth begins to slow
November 4, 2019 By Mark Rachal
Propane/propylene supply is setting five-year highs with each passing week, but it appears to have peaked at 2.361 million bpd during the week ending Aug. 2.
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Liquefied natural gas exports expand propane supply
October 21, 2019 By Mark Rachal
Why is this important? The increase in LNG export volumes allows the production of more natural gas. More natural gas production means increased propane supplies.
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Propane’s relative value drops to record lows
October 14, 2019 By Mark Rachal
Propane’s relative value drops to record lows as winter approaches. Such low valuation reflects record-high production that is overwhelming demand.
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