Cushing crude inventory a weight for propane prices
January 11, 2016 By Mark Rachal and Dale Delay
Five months ago, Goldman Sachs forecasted that crude prices could drop to $20 per barrel if the Organization…
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Global crude markets continue to adjust to OPEC’s new role in production
January 4, 2016 By Mark Rachal and Dale Delay
West Texas Intermediate (WTI) crude is the U.S. benchmark crude. Brent crude has become the benchmark crude for…
Read More How Canadian propane inventory affects the US
December 28, 2015 By Mark Rachal and Dale Delay
As the core winter season approaches, propane inventory levels in Canada are slightly below average. The Canadian inventory…
Read More How weather affects propane values
December 21, 2015 By Mark Rachal and Dale Delay
Propane inventory has fallen 7.227 million barrels over the last three weeks. That compares to a five-year average…
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Big draws on Gulf Coast propane inventory
December 14, 2015 By Mark Rachal and Dale Delay
In last week’s Trader’s Corner, we looked at the propane inventory information released in the Energy Information Administration’s…
Read More Making sense of propane inventory swings
December 7, 2015 By Mark Rachal and Dale Delay
The Energy Information Administration’s (EIA) Weekly Petroleum Status Report tracks the rise and fall of U.S. propane inventory….
Read More Why propane traders should practice patience
November 30, 2015 By Mark Rachal and Dale Delay
The Organization of Petroleum Exporting Countries (OPEC) will meet Dec. 4 to discuss its strategies for supporting crude…
Read More What high crude inventory means for propane prices
November 23, 2015 By Mark Rachal and Dale Delay
The Energy Information Administration’s Weekly Petroleum Status Report for the week ending Nov. 13 reported U.S. crude inventory,…
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Weak fall demand spurs additional inventory build
November 16, 2015 By Mark Rachal and Dale Delay
The Energy Information Administration’s (EIA) Weekly Petroleum Status Report for the week ending Nov. 6 reported a 1.563-million-barrel…
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Propane inventory sets second record in three weeks
November 9, 2015 By Mark Rachal and Dale Delay
The Energy Information Administration’s (EIA) Weekly Petroleum Status Report for the week ending Oct. 30 shocked traders with…
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