A Propane Profile: Mark Rachal
October 13, 2017 By LP Gas
“Trader’s Corner” author Mark Rachal discusses financial hedging and propane retailer education.
Read More Examining a tough three weeks for propane inventory
October 9, 2017 By Mark Rachal and Dale Delay
It has been a tough three weeks for propane inventories, as the typical period of inventory build nears its end.
Read More A look at propane’s current value relative to WTI crude
October 5, 2017 By Mark Rachal and Dale Delay
WTI crude is an important metric because it gives propane retailers a way to evaluate the value of the product they sell. The comparison provides needed guidance when managing the price risks associated with propane supply.
Read More Extreme events put inventory in unusual situations
September 25, 2017 By Mark Rachal and Dale Delay
Propane prices increased after the Energy Information Administration reported U.S. propane inventory fell 1.377 million barrels for the week ending Sept. 15.
Read More What to expect from changes in the crude price curve
September 18, 2017 By Mark Rachal and Dale Delay
The Organization of the Petroleum Exporting Countries projects demand for its crude will average 32.83 million barrels per day in 2018.
Read More What’s causing a big jump in propane inventory?
September 11, 2017 By Mark Rachal and Dale Delay
For the week ending Sept. 1, the U.S. Energy Information Administration (EIA) reported a 6.346-million-barrel build in U.S. propane inventory.
Read More What propane’s value history tells us about the market today
September 5, 2017 By Mark Rachal and Dale Delay
Propane’s relative value to West Texas Intermediate (WTI) crude, the U.S. benchmark crude, continues to rise.
Read More Hurricane Harvey’s potential impact on Texas Gulf Coast
August 25, 2017 By Mark Rachal and Dale Delay
All eyes are on Hurricane Harvey, which is bearing down on the Texas Gulf Coast.
Read More Crude inventory drawdown’s relation to crude production
August 21, 2017 By Mark Rachal and Dale Delay
Crude prices have been volatile throughout the August downtrend. They moved higher from mid-June through July, but dropped from $50.17 to below $47 in August.
Read More Monitoring inventory levels and domestic, export demand
August 14, 2017 By Mark Rachal and Dale Delay
Propane inventory dynamics are definitely in a state of flux. At this point, traders are still trying to figure out what is the new normal.
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