WTI crude is an important metric because it gives propane retailers a way to evaluate the value of the product they sell. The comparison provides needed guidance when managing the price risks associated with propane supply.
Read More Propane prices increased after the Energy Information Administration reported U.S. propane inventory fell 1.377 million barrels for the week ending Sept. 15.
Read More For the week ending Sept. 1, the U.S. Energy Information Administration (EIA) reported a 6.346-million-barrel build in U.S. propane inventory.
Read More Propane’s relative value to West Texas Intermediate (WTI) crude, the U.S. benchmark crude, continues to rise.
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Enterprise Products Partners makes progress on restoring service at its major assets impacted by Hurricane Harvey, and reports no major damages in the wake of the storm.
Read More Enterprise Products Partners LP is evaluating the potential curtailment of its natural gas liquid fractionation and storage services at its Mont Belvieu complex east of Houston due to the cumulative effects of Hurricane Harvey’s impacts.
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Targa Resources Corp. reported that damage to its facilities from Tropical Storm Harvey has been minimal, though several operations have been disrupted.
Read More Enterprise says none of its facilities on the Texas Gulf Coast have incurred any significant damage from the impacts of Tropical Storm Harvey following an initial assessment.
Read More Enterprise Products Partners plans to expand its cryogenic natural gas processing facility near Orla, Texas, which is under construction.
Read More A majority of traders are in the propane business in some way, shape or form.
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