Cost Management Solutions’ benchmark prices are at 50 cents per gallon for Mont Belvieu LST and $42 per barrel for WTI crude, but there is potential for a drop.
Read More Developments in crude production and pricing should be watched carefully to see how that translates to propane production and pricing leading up to winter.
Read More Cost Management Solutions saw prices move outside of the benchmarks for both crude and propane in the weeks after it shared its current short-term benchmarks with readers.
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Propane’s relative value to WTI crude has been falling this year. Comparing propane’s value to crude’s value is…
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All of the gain in U.S. propane’s value in 2018 can be attributed to the stronger pricing environment for crude.
Read More 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 There has been a significant shift in propane’s fundamental condition over the last few years.
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Propane has become a more expensive Btu over the summer, relatively speaking.
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