Gulf Coast propane prices continued to hold a premium over Midcontinent product Wednesday as the market stabilizes into its traditional price relationship. Propane at Mont Belvieu, Texas, was assessed at $1.555/gal on Wednesday while ...
Tags: Propane, Gulf Coast
US Gulf Coast propane was assessed 9% lower at $1.55/gal Tuesday on a warmer weather forecast for much of the US, sources said. "This is what happens when you get strong run-up in prices," said analyst Peter Fasullo of EnVantage. Gulf ...
Tags: propane, Gulf Coast
US propane and propylene stocks fell 533,000 barrels to 65.97 million barrels for the reporting week ended October 18, data from the Energy Information Administration showed Wednesday. The change in stocks was in line with market ...
US propane and propylene stocks increased 26,000 barrels to 66.50 million barrels for the week ended October 11, data from the Energy Information Administration showed Monday. Propane market participants had been expecting stocks to show ...
US Gulf Coast propane was at an 11-month high relative to the NYMEX front-month crude contract Friday morning as buying for the fall and winter heating season picks up and exports continued to drain US propane stocks. Mont Belvieu propane ...
Tags: Gulf Coast propane, propane stocks
The FOB Houston propane differential has dropped 53% since July 1 as increasing exports and falling international propane prices narrow the arbitrage out of the Gulf Coast. Platts started assessing FOB Houston propane cargoes on July 1 as ...
US Gulf Coast propane stocks have grown 3.61 million barrels in the first three weeks of June, roughly four times the amount that was added to storage in the comparable period of 2012, Energy Information Administration data showed ...
The ratio of the Gulf Coast normal butane assessment to the front-month NYMEX crude contract is at 57.9% Friday morning, the lowest level since late 2008, Platts data showed, in part due to the deployment summer gasoline specs. The ratio, ...
Tags: USGC, normal butane prices
Non-LST ethane Wednesday morning traded at 30.75 cents/gal, the highest level since November 6 and 29.5% stronger since the beginning of the year, Platts data showed. Market participants attributed the rise to stronger propane and natural ...
Non-LST propane at the Mont Belvieu NGL complex was heard trading Thursday at 87.75 cents/gal, 1 cent higher than Wednesday's assessment following a larger-than-expected draw from stocks. The market was trading 50 points stronger than ...
Tags: propane, Mont Belvieu NGL complex, stocks