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.
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Propane export market weakens, inventory builds
August 27, 2019 By Mark Rachal
U.S. propane inventory grew nearly 4 million barrels last week as exports remained sluggish for a second week in a row.
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Export drop contributes to inventory gain
August 19, 2019 By Mark Rachal
On Wednesday, the Energy Information Administration (EIA) reported a significant drop in U.S. propane exports for the week ending Aug. 9.
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Price movements along the supply & demand balance
August 12, 2019 By Mark Rachal
A big change in the U.S. propane supply demand balance between 2018 and 2019 has driven prices sharply lower.
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Destinations evolve due to values, infrastructure
August 5, 2019 By Mark Rachal
The focus of last week’s Trader’s Corner was Canadian propane inventory, which is setting five-year lows for this time of year. As we pointed out, a big reason is increased exports by Canadian producers.
Read More More petrochemical demand for propane
July 22, 2019 By Mark Rachal
A rise in petrochemical company demand for propane as a feedstock is helping tighten the supply and demand balance for propane.
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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Propane prices down to multi-year lows
June 11, 2019 By Mark Rachal
May was a bearish month for propane. Falling crude and sluggish fundamentals combined to send propane prices down to multi-year lows.
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Petrochemical demand for propane decreases
June 3, 2019 By Mark Rachal
Petrochemical companies have been choosing ethane over propane. See what the propane demand decrease means for domestic demand and prices.
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Propane production outpaces demand
May 28, 2019 By Mark Rachal
Combined domestic demand and export volumes are not keeping up with increases in propane production. This results in building inventory and falling prices.
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