Don’t be overly bearish about propane just yet
August 19, 2020 By Mark Rachal
Developments in crude production and pricing should be watched carefully to see how that translates to propane production and pricing leading up to winter.
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Developments in crude production and pricing should be watched carefully to see how that translates to propane production and pricing leading up to winter.
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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.
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Over the last few Trader’s Corners, we have established some benchmarks for crude and propane. We have discussed…
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In addition to crude’s collapse, Rachal discusses the propane pricing and supply environment. COVID-19 will have a greater impact on propane supply than it will on propane demand, he says.
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A report from the U.S. Energy Information Administration (EIA) reminded us of just how similar the current supply…
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In this Trader’s Corner, we will focus on the changes in the price relationship between Mont Belvieu and Conway, Kansas, between last year and now.
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U.S. propane inventory grew nearly 4 million barrels last week as exports remained sluggish for a second week in a row.
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May was a bearish month for propane. Falling crude and sluggish fundamentals combined to send propane prices down to multi-year lows.
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Petrochemical companies have been choosing ethane over propane. See what the propane demand decrease means for domestic demand and prices.
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