Growing propane supplies adding stability to the market
December 18, 2017 By Mark Rachal and Dale Delay
Propane supply gets less attention than demand, but is more important in setting the pricing environment.
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What propane retailers should expect from early winter build
December 11, 2017 By Mark Rachal and Dale Delay
U.S. propane retailers got an early Christmas present when the EIA reported a surprise 1.316-million-barrel build in U.S. propane inventory.
Read More Producers extend deal to limit production. So what’s next?
December 4, 2017 By Mark Rachal and Dale Delay
Major producers, including OPEC countries and Russia, agreed to extend the production quotas implemented in January through the end of 2018.
Read More Propane’s relative value to crude facing upward winter pressure
November 27, 2017 By Mark Rachal and Dale Delay
Propane prices often go through a bit of a slump between the middle of October and the Thanksgiving holiday.
Read More Weighing the risks associated with locking in propane prices
November 20, 2017 By Mark Rachal and Dale Delay
Relative to West Texas Intermediate’s crude price, Mont Belvieu is valued at 76 percent, while Conway is valued at 73 percent.
Read More US exports rising, changing Latin American market
November 13, 2017 By Clara Richter
According to the U.S. Energy Information Administration, propane exports reached a record high of 913,000 barrels per day in the first half of 2017.
Read More Fuel-use propane production, its effect on supply/demand
November 6, 2017 By Mark Rachal and Dale Delay
U.S. propane supply is growing, but not as much as in past years.
Read More Propane faces support from crude market bullishness
October 30, 2017 By Mark Rachal and Dale Delay
Recently, propane prices have not gone beyond 78 to 80 percent of West Texas Intermediate (WTI) crude’s price.
Read More What happens when petchems shy away from propane?
October 23, 2017 By Mark Rachal and Dale Delay
With winter approaching, the most recent data shows petrochemical companies shying away from propane as a feedstock.
Read More Traders’ position conflicts with Midwest price movement
October 16, 2017 By Mark Rachal and Dale Delay
As winter approaches, the Midwest, like the rest of the nation, has propane inventory levels that are below the five-year average and well below last year’s.
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