Posts by Mark Rachal
Propane prices have recently been on a surge. However, those increases in price have been contained to the front month. Read more»
United States crude production increased 17,000 bpd last week. That put total U.S. production at 8.961 million bpd. Read more»
The inventory draws in January and for the week ending Jan. 13 make it almost a certainty inventory will end this winter at its lowest point in three years. Read more»
U.S. propane inventory ended 2016 at 84.123 million barrels after dropping 2.746 million barrels in the final week of the year. Read more»
Propane prices have been on a strong uptrend over the past year as fundamental conditions improve. Read more»
The price difference between the Mont Belvieu and Conway has tightened considerably over the last month and a half. Read more»
For the week ending Dec. 9, the U.S. Energy Information Administration reported a 3.629-million-barrel draw in U.S. propane inventory. Read more»
Natural gas prices have been rising rapidly since mid-November. Winter weather is a key factor in driving prices to their highest level since December 2014. Read more»
The major news last week was the conclusion of the ballyhooed meeting by the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria. Read more»
A look at U.S. propane supplies from natural gas processing plants shows that output is higher than last year. Read more»
