Chart 1: Crude Oil - WTI

US propane inventories highest ever

October 21, 2024 By Mark Rachal

U.S. propane inventories are the highest they have ever been and may go even higher before the sustained drawdown begins.

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This article is tagged with Cost Management Solutions, crude inventory, inventory, Mark Rachal, propane inventories, propane prices, propane traders, Trader's Corner, WTI and posted in Blue Flame Blog

Chart 1: Total U.S. Propane Exports 2019 Forward

Crude inventory pattern impacts propane prices

July 22, 2024 By Mark Rachal

Propane buyers interested in getting protection against higher prices this winter have been hoping the recent run-up in propane prices would reverse itself and give them an opportunity to obtain that protection at a more favorable price.

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This article is tagged with Cost Management Solutions, crude inventory, exports, Gulf Coast, Gulf Coast propane inventory, inventory, Mark Rachal, propane exports, propane inventory, Trader's Corner and posted in Blue Flame Blog

Chart 2: Total US Propane/Propylene Inventory (Cost Management Solutions)

Propane is a cheap Btu

October 30, 2023 By Mark Rachal

Cost Management Solutions’ Mark Rachal, director of research and publications, discusses propane’s relative value to crude and inventory options this winter.

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This article is tagged with Cost Management Solutions, crude, crude inventory, financial hedging, inventory, Mark Rachal, Mont Belvieu, propane fundamentals, propane inventories, propane inventory, propane prices, Trader's Corner, weather, West Texas Intermediate (WTI), winter and posted in Blue Flame Blog

Chart 1: Cushing Weekly Inventories, 2018-2023

Cushing trading hub for crude becomes central focus

October 2, 2023 By Mark Rachal

Crude inventories are reaching seriously low levels in Cushing, Oklahoma, a major trading hub for the U.S. Read more about the impacts on the market.

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This article is tagged with Conway, Cost Management Solutions, crude, crude inventory, crude prices, crude production, Mark Rachal, Mont Belvieu, Oklahoma, propane demand, Trader's Corner and posted in Blue Flame Blog

Chart 3: US Propane/Propylene Demand 2018 Forward (Chart: Cost Management Solutions)

Domestic propane demand is recovering

August 7, 2023 By Mark Rachal

This week, Cost Management Solutions’ Mark Rachal examines the changes in domestic propane demand and what that might mean for the upcoming winter.

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This article is tagged with Cost Management Solutions, crude, crude inventory, crude prices, crude production, domestic demand, Mark Rachal, Mont Belvieu, propane fundamentals, propane prices, propane traders, Trader's Corner and posted in Blue Flame Blog

Chart 2: Crude and Propane Closing Prices (Cost Management Solutions)

Part IV: Evaluating the state of crude prices

July 31, 2023 By Mark Rachal

Mark Rachal, director of research and publications with Cost Management Solutions, continues to evaluate the current state of crude prices.

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This article is tagged with Cost Management Solutions, crude, crude inventory, crude prices, crude production, Mark Rachal, propane fundamentals, propane prices, Trader's Corner, U.S. Energy Information Administration (EIA), U.S. propane market and posted in Blue Flame Blog

Chart 1: Crude Price and Active U.S. Oil Rigs (Chart: Cost Management Solutions)

Part III: Evaluating the state of crude prices

July 24, 2023 By Mark Rachal

Mark Rachal, director of research and publications with Cost Management Solutions, continues to evaluate the current state of crude prices.

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This article is tagged with Cost Management Solutions, crude, crude inventory, crude prices, crude production, Mark Rachal, propane fundamentals, propane prices, Trader's Corner, U.S. Energy Information Administration (EIA), U.S. propane market and posted in Blue Flame Blog

Chart 1: WTI Crude

Part II: Evaluating the state of crude prices

July 17, 2023 By Mark Rachal

The growing strength in crude’s price is a threat to propane retailers trying to hedge against higher prices this winter.

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This article is tagged with Cost Management Solutions, crude, crude inventory, crude prices, crude production, Mark Rachal, Organization of the Petroleum Exporting Countries (OPEC), propane fundamentals, propane prices, Trader's Corner, U.S. Energy Information Administration (EIA), U.S. propane market, West Texas Intermediate (WTI) and posted in Blue Flame Blog

Chart 1: Crude and Propane Closing Prices (Credit: Cost Management Solutions)

Is it a good time to buy propane?

May 8, 2023 By Mark Rachal

Mark Rachal, director of research and publications for Cost Management Solutions, reviews propane’s price and how to determine when to buy.

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This article is tagged with Cost Management Solutions, crude inventory, energy, Mark Rachal, Organization of the Petroleum Exporting Countries (OPEC), propane demand, propane exports, propane fundamentals, propane inventory, propane prices, propane production, Trader's Corner, U.S. Energy Information Administration (EIA) and posted in Blue Flame Blog

Chart 3: North American: Active Rigs Drilling for Natural Gas

Crude, natural gas drilling is slowing

May 1, 2023 By Mark Rachal

In this week’s Trader’s Corner, Mark Rachal analyzes how a slowdown in crude and natural gas drilling could impact propane prices.

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This article is tagged with Cost Management Solutions, crude inventory, energy, Mark Rachal, Organization of the Petroleum Exporting Countries (OPEC), propane demand, propane exports, propane fundamentals, propane inventory, propane prices, propane production, Trader's Corner, U.S. Energy Information Administration (EIA) and posted in Blue Flame Blog