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.
Read More Propane fundamentals changed in 2020, causing the inventory overhang to be eliminated and pushing propane to the 50/50 marks.
Read More Producers voluntarily shut production during April, and the associated natural gas liquids loss dramatically impacted propane fundamentals.
Read More While Saudi Arabia has called an emergency meeting of OPEC+, there is little doubt that U.S. production growth is very likely to slow in the future.
Read More The price of crude has rebounded a little since, but the potential for it to go lower is still present due to demand destruction from COVID-19 and producers not cooperating to limit production.
Read More Any forecast on propane prices begins with trying to determine where crude will be priced.
Read More At this time of year, we expect refinery throughput to be lower. However, inventory has continued to fall this winter at a sharp pace.
Read More Major producers, including OPEC countries and Russia, agreed to extend the production quotas implemented in January through the end of 2018.
Read More Recently, propane prices have not gone beyond 78 to 80 percent of West Texas Intermediate (WTI) crude’s price.
Read More The Organization of the Petroleum Exporting Countries projects demand for its crude will average 32.83 million barrels per day in 2018.
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