The additional growth of the liquids export market will be tied to an unpredictable natural gas market, experts say.
The gloomy forecast will falter if COVID-19 passes quickly and the global economy recovers its appetite for hydrocarbons.
NGL price collapse deprives oil and gas producers who leaned on associated liquids when crude struggled.
Aftershocks of Market Meltdown Monday continue, with collapsing oil prices dragging down NGL and complicating export markets.
The additional growth of the liquids export market will be tied to an unpredictable natural gas market, experts say.
The gloomy forecast will falter if COVID-19 passes quickly and the global economy recovers its appetite for hydrocarbons.
NGL price collapse deprives oil and gas producers who leaned on associated liquids when crude struggled.
Aftershocks of Market Meltdown Monday continue, with collapsing oil prices dragging down NGL and complicating export markets.
Hypothetical barrel tumbles to four-year low with tightly squeezed margins.
Volatile global crude markets weigh down the rest of oil and gas commodities.
As COVID-19 spreads, NGL exports are diverted and warnings sting already-weak prices.
NGL prices rebound despite coronavirus worries.
NGL prices follow as China’s troubles impact global economy.
The spread of the coronavirus, a warm winter and high inventories are depressing the prices of oil, gas and NGL.