Inventories for oil and gas are tightening as rising production struggles to match rising demand.
Middle East tension pushes up crude oil, but the rise in price is supported by strong fundamentals.
Higher demand, increased exports, shrinking inventories create super outlook for ethane.
Both price and production are primed for a growth spurt, says Raymond James.
Ethane prices rise as margins widen in concert with the introduction of Cedar Bayou cracker.
Pompeo’s ascension to secretary of state could signal a hardline approach to Iran and Venezuela, which could impact global oil prices.
Talk of tariffs unsettles mood at CERAWeek conference.
By mid-season (summer, that is) the ethane spread will be knocked out of the park.
Supply will rise but the key is export demand.
Growth in Bakken production leads to NGL takeaway projects.