Speculative bulls contribute to crude selloff
March 13, 2017 By Mark Rachal and Dale Delay
Since Feb. 23, West Texas Intermediate crude has been in a downward price trend.
Read More Fundamentals should keep prices well above last year’s low levels
March 6, 2017 By Dale Delay and Mark Rachal
The growth in propane supply has been extraordinary, especially from 2012 to 2015. However, the growth in supply has slowed dramatically.
Read More Has the propane price correction gone too far?
February 27, 2017 By Dale Delay and Mark Rachal
Propane prices have been on a decline throughout most of February, and that decline has shown little sign of abating. Has the price correction gone too far?
Read More Weakening WTI fundamentals could prove positive for propane export economics
February 21, 2017 By Dale Delay and Mark Rachal
The U.S. Energy Information Administration showed a 9.527-million-barrel build in U.S. crude inventory for the week ending Feb. 10.
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Exports, domestic demand adding current-price pressure
February 6, 2017 By Mark Rachal and Dale Delay
Propane prices have recently been on a surge. However, those increases in price have been contained to the front month.
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US crude production offsets other production cuts
January 30, 2017 By Mark Rachal and Dale Delay
United States crude production increased 17,000 bpd last week. That put total U.S. production at 8.961 million bpd.
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Propane prices on uptrend with improved fundamentals
January 9, 2017 By Mark Rachal and Dale Delay
Propane prices have been on a strong uptrend over the past year as fundamental conditions improve.
Read More The effects of OPEC’s production controls on pricing
December 5, 2016 By Mark Rachal and Dale Delay
The major news last week was the conclusion of the ballyhooed meeting by the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria.
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Growth in propane supplies continues to slow
November 28, 2016 By Mark Rachal and Dale Delay
A look at U.S. propane supplies from natural gas processing plants shows that output is higher than last year.
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Propane a more expensive Btu, despite lowering prices
November 14, 2016 By Mark Rachal and Dale Delay
Propane has become a more expensive Btu over the summer, relatively speaking.
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