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.

This article is tagged with Cost Management Solutions, COVID-19, Mark Rachal and posted in Blue Flame Blog

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.

This article is tagged with Cost Management Solutions, COVID-19, Mark Rachal, Mont Belvieu, propane fundamentals, propane production, Trader's Corner, U.S. Energy Information Administration (EIA) and posted in Blue Flame Blog

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.

This article is tagged with Cost Management Solutions, COVID-19, crude prices, Mark Rachal, propane prices, propane pricing and posted in Featured Video

Propane rallies amid crude pricing struggles

April 23, 2020 By Mark Rachal

The oversupply in crude is leading to reduced propane supply, which is causing the value of the two commodities to separate.

This article is tagged with conocophillips, Conway, Cost Management Solutions, crude production, Mark Rachal, Mont Belvieu, Trader's Corner, West Texas Intermediate (WTI) and posted in Blue Flame Blog

Trajectory of refinery throughput to impact propane production

April 14, 2020 By Mark Rachal

Under the current situation where crude is oversupplied on a global basis, U.S. propane supply fundamentals are becoming more price-supportive.

This article is tagged with Cost Management Solutions, crude, Mark Rachal, Mont Belvieu, propane production, Trader's Corner, U.S. Energy Information Administration (EIA), West Texas Intermediate (WTI) and posted in Blue Flame Blog

How the crude war could impact propane prices

April 9, 2020 By Mark Rachal

While Saudi Arabia has called an emergency meeting of OPEC+, there is little doubt that U.S. production growth is very likely to slow in the future.

This article is tagged with COVID-19, crude prices, energy, Mark Rachal, Organization of the Petroleum Exporting Countries (OPEC), propane, propane production, Trader's Corner and posted in Blue Flame Blog

US may become swing producer due to shifting crude prices

March 24, 2020 By Mark Rachal

The price of crude has rebounded a little since, but the potential for it to go lower is still present due to demand destruction from COVID-19 and producers not cooperating to limit production.