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.
Read More 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.
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