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Connecting upstream production to the downstream sector and putting midstream in the center of it all.
Margins mostly improve but ethane’s remains in negative territory.
Ethane falls to the lowest point since Hart Energy began tracking price; oil jumps as Tropical Storm Barry approaches the Louisiana coast.
Factors that push up prices are countered by those that pull them down.
Mont Belvieu price sags to a 40-month low as NGL slump continues.
Europe-based Royal Dutch Shell is outpacing U.S.-major counterparts in non-fossil-fuel investing.
Butane’s free-fall drops it to the lowest point since Hart Energy began tracking NGL prices.
NGL will move from Wyo. Plants to interconnection point with ONEOK Bakken Pipeline.
Geopolitical concerns and recent data would likely drive up the price of oil, but traders are rattled by concerns that a trade war will unhinge the global economy.
With high inventories and limited export possibilities, NGL prices drop and margins are squeezed.
Oil bucks the NGL price trend as geopolitical tensions unnerve traders.
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