Propane market surprised by inventory draw
August 25, 2020 By Mark Rachal
The 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 More 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.
Read More Adjusting benchmarks for crude, propane prices
August 11, 2020 By Mark Rachal
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 price pushes past previous benchmarks
July 28, 2020 By Mark Rachal
As fate would have it, propane pushed above 50.2 percent of WTI crude and 48 cents over the past week.
Read More Crude demand expected to recover by 2022
July 10, 2020 By Mark Rachal
Crude demand is expected to decline 8 percent this year, increase 6 percent next year and fully recover in 2022.
Read More Propane production on rebound as refinery throughput increases
June 29, 2020 By Mark Rachal
U.S. propane production has been on the rise over the past few weeks, putting a lid on propane…
Read More Year-over-year increase in inventory, but prices on uptrend
June 4, 2020 By Mark Rachal
Over the past five weeks, propane production has been down. Mark Rachal takes a look at the scoreboard for U.S. propane inventory levels compared to prices.
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National leaders prepare for supply and logistics impacts
May 19, 2020 By Brian Richesson
Propane industry leaders are beginning to take notice and consider what recent market dynamics might mean for propane supply this winter.
Read More Comparing imports, exports and propane’s relative value to crude
May 12, 2020 By Mark Rachal
Propane’s more supportive fundamental picture will keep it from falling to the extremely low values witnessed at the beginning of the year.
Read More Propane fundamentals supportive of prices
May 5, 2020 By Mark Rachal
Propane is trading at a record high relative value to WTI crude, which suggests traders see propane fundamentals as more supportive of its price.
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