US crude export opportunities leading to inventory drawdown
May 22, 2017 By Mark Rachal and Dale Delay
U.S. crude inventory is falling and that is helping fuel the recent uptrend in crude prices.
Read More US refinery utilization, throughput kick into high gear
May 1, 2017 By Mark Rachal and Dale Delay
Last year, only slightly more than 20 percent of U.S. propane came from the refining of crude oil.
Read More How US crude production is offsetting OPEC’s cuts
April 3, 2017 By Mark Rachal and Dale Delay
By now, almost everyone knows that the Organization of the Petroleum Exporting Countries and other major crude-producing nations have reduced their production.
Read More Weakening WTI fundamentals could prove positive for propane export economics
February 21, 2017 By Dale Delay and Mark Rachal
The U.S. Energy Information Administration showed a 9.527-million-barrel build in U.S. crude inventory for the week ending Feb. 10.
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US crude production offsets other production cuts
January 30, 2017 By Mark Rachal and Dale Delay
United States crude production increased 17,000 bpd last week. That put total U.S. production at 8.961 million bpd.
Read More The effects of OPEC’s production controls on pricing
December 5, 2016 By Mark Rachal and Dale Delay
The major news last week was the conclusion of the ballyhooed meeting by the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria.
Read More The effect of OPEC’s production cut on crude, propane prices
October 3, 2016 By Mark Rachal and Dale Delay
Last week’s big news was the Organization of the Petroleum Exporting Countries’ decision to curb its production in an effort to support sagging crude prices.
Read More Propane fundamentals at play in absence of strong crude rebound
August 1, 2016 By Mark Rachal and Dale Delay
Crude prices in the United States and around the world are in a sharp decline. Find out what this means for propane prices.
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Rising Cushing crude inventory could end crude, propane rally
May 16, 2016 By Mark Rachal and Dale Delay
Crude and propane prices are in the midst of a very strong run. Anytime a market has been…
Read More When will crude prices swing upward?
February 1, 2016 By Mark Rachal and Dale Delay
It is highly probable that the crude pricing pendulum has finally reached the point of equilibrium and is…
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