
Fundamentals point to higher propane prices this winter
January 12, 2021 By Mark Rachal
As long as export demand remains strong, there is likely to be continued pressure on inventory and thus support for propane prices.
Read MoreAs long as export demand remains strong, there is likely to be continued pressure on inventory and thus support for propane prices.
Read MoreResidential propane prices during the first two weeks of the winter heating season were 4 percent lower than during the same time last winter, the EIA reports.
Read MoreMark Rachal of Cost Management Solutions takes a close look at propane inventory trends ahead of peak demand season.
Read MoreThis past week, we got an email from one of our clients expressing confusion about U.S. propane production….
Read MoreThe last two Weekly Petroleum Status Reports from the Energy Information Administration (EIA) have shown a decline in total U.S. propane inventory.
Read MoreFor 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 MoreThe EIA reported a surprising and unusual draw of 41,000 barrels in U.S. propane inventory, which came when industry analysts expected a 2.31 million-barrel build.
Read MoreWhen prices are as low as they are now, it seems like a good time to consider buys, but propane fundamentals still don’t look very supportive.
Read MoreImage: Cost Management Solutions. Click to expand. As we look back on 2019 concerning propane, we would have…
Read MoreIt is the middle of winter, yet propane prices are falling even as crude prices rise.
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