Mont Belvieu-Conway price spread tightens at year’s end
December 26, 2016 By Dale Delay and Mark Rachal
The price difference between the Mont Belvieu and Conway has tightened considerably over the last month and a half.
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Propane exports, domestic demand hit inventory
December 19, 2016 By Mark Rachal and Dale Delay
For the week ending Dec. 9, the U.S. Energy Information Administration reported a 3.629-million-barrel draw in U.S. propane inventory.
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Higher natural gas prices result in increased drilling, supplies
December 12, 2016 By Mark Rachal and Dale Delay
Natural gas prices have been rising rapidly since mid-November. Winter weather is a key factor in driving prices to their highest level since December 2014.
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The effects of OPEC’s production controls on pricing
December 5, 2016 By Mark Rachal and Dale Delay
The major news last week was the conclusion of the ballyhooed meeting by the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria.
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Growth in propane supplies continues to slow
November 28, 2016 By Mark Rachal and Dale Delay
A look at U.S. propane supplies from natural gas processing plants shows that output is higher than last year.
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Big build in crude inventory follows previous week’s draw
November 6, 2016 By Mark Rachal and Dale Delay
For the week ending Oct. 28, EIA’s Weekly Petroleum Status Report revealed U.S. crude inventory increased by a record-high 14.42 million barrels.
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Traders remain calm despite three straight draws
October 31, 2016 By Mark Rachal and Dale Delay
Propane inventory fell three weeks in a row, but traders remain calm. Find out why.
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Export activity on the rise along East Coast
October 24, 2016 By Mark Rachal and Dale Delay
For the week ending Oct. 14, the Energy Information Administration (EIA) reported a 1.246-million-barrel draw in U.S. propane inventory.
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EIA adds accuracy to key driver of propane price direction
October 17, 2016 By Mark Rachal and Dale Delay
EIA changed its methodology for collecting data on exports, including propane, in an effort to try and make its weekly estimates more accurate.
Read More US crude inventory draws could up fall propane pricing
October 10, 2016 By Mark Rachal, Dale Delay and LP Gas
Last week, the Energy Information Administration (EIA) reported U.S. crude inventory fell 2.976 million barrels.
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