Propane trends near 50 cents per gallon, 50 percent of WTI crude value
July 21, 2020 By Mark Rachal
Propane fundamentals changed in 2020, causing the inventory overhang to be eliminated and pushing propane to the 50/50 marks.
Read More Crude demand expected to recover by 2022
July 10, 2020 By Mark Rachal
Crude demand is expected to decline 8 percent this year, increase 6 percent next year and fully recover in 2022.
Read More Propane pricing will hinge on crude production
June 23, 2020 By Mark Rachal
Producers voluntarily shut production during April, and the associated natural gas liquids loss dramatically impacted propane fundamentals.
Read More Expectations for propane pricing relative to crude
June 10, 2020 By Mark Rachal
Mark Rachal looks at the relationship between propane and crude, and what to expect going forward based on that relationship.
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June 2020: Inventory and production
June 10, 2020 By LP Gas
Each month, LP Gas provides updates on the U.S. propane market, as well as the latest trends. The data for June 2020 focuses on propane inventory and production.
Read More Year-over-year increase in inventory, but prices on uptrend
June 4, 2020 By Mark Rachal
Over the past five weeks, propane production has been down. Mark Rachal takes a look at the scoreboard for U.S. propane inventory levels compared to prices.
Read More Inventory builds begin lighter than previous year
May 27, 2020 By Mark Rachal
Inventory builds were late in starting this year, and now that they have, last week’s data showed they can be lighter than normal.
Read More COVID-19 adds to propane supply and price uncertainty
May 7, 2020 By Brian Richesson
Even before COVID-19 became a force in the market, Mark Rachal of Cost Management Solutions began to notice some erosion in the growth of propane supply.
Read More Propane fundamentals supportive of prices
May 5, 2020 By Mark Rachal
Propane is trading at a record high relative value to WTI crude, which suggests traders see propane fundamentals as more supportive of its price.
Read More Discussing crude collapse, propane pricing and supply with Mark Rachal
April 27, 2020 By Sarah Peecher
In addition to crude’s collapse, Rachal discusses the propane pricing and supply environment. COVID-19 will have a greater impact on propane supply than it will on propane demand, he says.
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