The U.S. Energy Information Administration (EIA) is anticipating more space heating demand this winter as more people work or attend school from home.
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Despite high inventory levels at the propane trading hubs currently, we remain concerned about the potential for local market supply shortages during high winter demand periods.
Read More For the week ending Sept. 4, U.S. propane inventory was at 97.380 million barrels – a record high for this time of year and 5.424 million barrels below its all-time high.
Read More Cost Management Solutions’ benchmark prices are at 50 cents per gallon for Mont Belvieu LST and $42 per barrel for WTI crude, but there is potential for a drop.
Read More Cost Management Solutions saw prices move outside of the benchmarks for both crude and propane in the weeks after it shared its current short-term benchmarks with readers.
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Each month, LP Gas provides updates on the U.S. propane market; the data for August 2020 focuses on crude oil and propane price trends.
Read More As fate would have it, propane pushed above 50.2 percent of WTI crude and 48 cents over the past week.
Read More Over the past five weeks, propane production has been down. Mark Rachal takes a look at the scoreboard for U.S. propane inventory levels compared to prices.
Read More Inventory builds were late in starting this year, and now that they have, last week’s data showed they can be lighter than normal.
Read More Propane is trading at a record high relative value to WTI crude, which suggests traders see propane fundamentals as more supportive of its price.
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