
Decreasing crude supply may hinder propane supply
February 23, 2021 By Mark Rachal
Despite the effects of the coronavirus pandemic, U.S. demand for petroleum products is recovering. Supply, however, is not.
Read MoreDespite the effects of the coronavirus pandemic, U.S. demand for petroleum products is recovering. Supply, however, is not.
Read MoreU.S. domestic demand for propane increased a whopping 714,000 barrels per day (bpd) during the fifth week of the year to 2.204 million bpd.
Read MoreIf we can pluck good news from propane prices, it would be that next winter’s prices are much lower than the current prices.
Read MoreDays of supply measures available inventory to demand. As long as days of supply are trending lower, prices are certainly going to feel upward pressure.
Read MoreSince last week’s Trader’s Corner, there was a dramatic change in U.S. propane prices. The change began after the Martin Luther King Jr. Day holiday.
Read MoreThe quick gains in propane prices like those experienced this past week can have an immediate impact on a retail company’s bottom line.
Read MoreAs long as export demand remains strong, there is likely to be continued pressure on inventory and thus support for propane prices.
Read MoreDespite ample inventories, U.S. propane prices have appreciated markedly this winter, with most of the gain coming in the last few weeks.
Read MoreThe Federal Reserve Bank of Dallas released the results of a survey of oil industry executives last week. The survey found that 66 percent of the 154 executives surveyed believe that U.S. crude production has peaked.
Read MoreThe themes of planning, preparation and communication – principles that help guide us in our personal and professional lives – are dominating the airwaves this summer.
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