Propane’s relative value to crude continues to set five-year highs
June 5, 2017 By Mark Rachal and Dale Delay
Last week, the Energy Information Administration reported U.S. propane inventory increased 3.446 million barrels.
Read More US crude export opportunities leading to inventory drawdown
May 22, 2017 By Mark Rachal and Dale Delay
U.S. crude inventory is falling and that is helping fuel the recent uptrend in crude prices.
Read More Export demands have slowed, but US inventories lack growth
May 8, 2017 By Mark Rachal and Dale Delay
Propane prices have been falling since mid-April as weakening export economics worry traders.
Read More US refinery utilization, throughput kick into high gear
May 1, 2017 By Mark Rachal and Dale Delay
Last year, only slightly more than 20 percent of U.S. propane came from the refining of crude oil.
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Falling natural gas production affects propane supply
April 17, 2017 By Mark Rachal and Dale Delay
Nearly 80 percent of U.S. propane production came from natural gas processing last year. Natural gas production is the engine that drives natural gas supply.
Read More US propane inventory situation intensifies after going against industry expectations
April 10, 2017 By Mark Rachal and Dale Delay
For the week ending March 31, the U.S. Energy Information Administration reported a 1.213-million-barrel draw in U.S. propane inventory.
Read More How US crude production is offsetting OPEC’s cuts
April 3, 2017 By Mark Rachal and Dale Delay
By now, almost everyone knows that the Organization of the Petroleum Exporting Countries and other major crude-producing nations have reduced their production.
Read More Tight propane inventory deserves more attention than weekly expectations
March 27, 2017 By Mark Rachal and Dale Delay
U.S. propane prices are hammered when propane inventory data doesn’t line up with industry expectations.
Read More Refineries see gain in 2016 propane output as gas plant supply growth wanes
March 20, 2017 By Dale Delay and Mark Rachal
In 2016, U.S. refineries only provided 20.67 percent of the total fuel-use propane supply of 1.461 million barrels per day (bpd).
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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