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Connecting upstream production to the downstream sector and putting midstream in the center of it all.
NGL prices continue to slump, but the plunge in natural gas results in improved margins.
Natural gas, ethane and propane struggle with too much output and more to come.
Oil prices retreat after the Middle East tensions eased, but stronger fundamentals could emerge if trade initiatives succeed.
Last week’s dip was slight, but NGL haunted by ghost of December prices past.
High inventory will keep prices stable, says Greg Haas of Stratas Advisors; NGL prices struggle in the past week.
Hydrocarbon prices are improving, but at a slower rate than expected based on tailwinds.
Exports are also strong as normal butane chips away at the spread with isobutane.
Conway’s price draws almost even to Mont Belvieu as demand for home heating competes with grain drying.
Despite its recent rally, propane’s price is well below last year’s as the giant play fills up storage on the Gulf Coast.
NGL prices static as commodity traders remain unimpressed with progress on China trade deal.
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