Following up on the monthly propane price trend
June 4, 2018 By Mark Rachal and Dale Delay
The pricing pattern for March and May turned out to be very similar, but April was a little different.
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The pricing pattern for March and May turned out to be very similar, but April was a little different.
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U.S. propane inventory increased very lightly last week. Find out why.
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Propane has certainly been bullish in the last 10 days.
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Get the scoop on end-of-winter supply news from around the country.
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Propane prices saw a significant change in April. Get more details on this shift.
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Propane Resources’ Tony Botts explains why or why not this winter lived up to the expectations of propane retailers.
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The U.S. Energy Information Administration reported U.S. domestic demand for propane at 1.496 million barrels per day (bpd) for the week ending April 6.
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Propane’s relative value to West Texas Intermediate crude is already slightly below the low end of the range we expected for this summer.
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Prices at Mont Belvieu reacted to the fall by increasing from 73 cents per gallon to more than $1 per gallon.
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A report from the U.S. Energy Information Administration (EIA) examines U.S. propane’s relationship with world propane prices and crude oil prices.
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