Is there an opportunity in the propane market?
March 11, 2024 By Mark Rachal
Propane prices have been declining since the middle of February. The market feels bearish – and with good reason.
Read MorePropane prices have been declining since the middle of February. The market feels bearish – and with good reason.
Read MorePembina Pipeline Corp. entered an agreement in December to acquire all of Enbridge’s interests in the Alliance, Aux Sable and NRGreen joint ventures.
Read MoreThe U.S. Energy Information Administration began forecasting spot prices at Mont Belvieu with its September Short-Term Energy Outlook.
Read MoreA rapid increase in U.S. propane exports to Asia in recent years contributed to the U.S. reaching a record export level of 1.7 million barrels per day in March.
Read MoreIn this week’s Trader’s Corner, Mark Rachal with Cost Management Solutions reviews propane inventory changes and weather pattern shifts.
Read MoreIn this week’s Trader’s Corner, Mark Rachal from Cost Management Solutions evaluates the data showing refineries are making less fuel-use propane.
Read MoreIn this week’s Trader’s Corner, Mark Rachal from Cost Management Solutions analyzes why petrochemicals’ use of propane is cooling.
Read MorePhillips 66 received an international certification for its Sweeny Refinery in Texas to process oil made from waste plastics into feedstocks for new plastics.
Read MoreThe residential price of propane was slightly above the previous five-year average to start the winter heating season, but its price has remained flat since.
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