Over the last year, propane has been pulled higher by rising crude prices since propane’s relative value is not keeping up with the rise in crude’s price.
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Propane’s relative value to West Texas Intermediate crude is already slightly below the low end of the range we expected for this summer.
Read More Cost Management Solutions’ Mark Rachal takes a look at propane’s relative value to crude and how it is trending compared with last year.
Read More U.S. propane prices have returned to where they began the winter – in a price decline that has surprised many, given strong domestic demand support.
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Energy consultant and researcher Anne Keller wields her “crystal ball” for NGL forecasting.
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Propane supply gets less attention than demand, but is more important in setting the pricing environment.
Read More Major producers, including OPEC countries and Russia, agreed to extend the production quotas implemented in January through the end of 2018.
Read More Propane prices often go through a bit of a slump between the middle of October and the Thanksgiving holiday.
Read More Relative to West Texas Intermediate’s crude price, Mont Belvieu is valued at 76 percent, while Conway is valued at 73 percent.
Read More Recently, propane prices have not gone beyond 78 to 80 percent of West Texas Intermediate (WTI) crude’s price.
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