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.
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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.
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Propane prices have been falling since mid-April as weakening export economics worry traders.
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Propane inventories declined from October 2016 through March 2017 due to propane exports, according to the U.S. Energy Information Administration (EIA).
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Propane inventory fell three weeks in a row, but traders remain calm. Find out why.
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The Energy Information Administration’s (EIA) Weekly Petroleum Status Report tracks the rise and fall of U.S. propane inventory….
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The Energy Information Administration’s Weekly Petroleum Status Report for the week ending Nov. 13 reported U.S. crude inventory,…
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The Energy Information Administration’s (EIA) Weekly Petroleum Status Report for the week ending Oct. 30 shocked traders with…
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