Propane market surprised by inventory draw
August 25, 2020 By Mark Rachal
The EIA reported a surprising and unusual draw of 41,000 barrels in U.S. propane inventory, which came when industry analysts expected a 2.31 million-barrel build.
Read More Don’t be overly bearish about propane just yet
August 19, 2020 By Mark Rachal
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 Adjusting benchmarks for crude, propane prices
August 11, 2020 By Mark Rachal
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.
Read More Benchmarks and deciding when to ‘look before you leap’
August 3, 2020 By Mark Rachal
Over the last few Trader’s Corners, we have established some benchmarks for crude and propane. We have discussed…
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 production on rebound as refinery throughput increases
June 29, 2020 By Mark Rachal
U.S. propane production has been on the rise over the past few weeks, putting a lid on propane…
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.
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 Comparing imports, exports and propane’s relative value to crude
May 12, 2020 By Mark Rachal
Propane’s more supportive fundamental picture will keep it from falling to the extremely low values witnessed at the beginning of the year.
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