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.
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The reduction in export activity from the Gulf Coast is showing up in inventory levels, reports Cost Management Solutions.
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Propane’s relative value to crude has been dropping recently, falling well below the five-year average.
Read More 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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Propane retailers and their customers may have been feeling the heat of higher propane prices recently.
Read More In last week’s Trader’s Corner, we looked at the sharp two-week fall in U.S. propane inventory. For the…
Read More It is highly probable that the crude pricing pendulum has finally reached the point of equilibrium and is…
Read More Throughout the years, Cost Management Solutions has seen a number of patterns develop. Many of these patterns, such…
Read More Five months ago, Goldman Sachs forecasted that crude prices could drop to $20 per barrel if the Organization…
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West Texas Intermediate (WTI) crude is the U.S. benchmark crude. Brent crude has become the benchmark crude for…
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