Frac Spread: NGL Prices Fail To Keep Up With Crude, Gas Improvements
Crude and gas fundamentals are improving along with prices, but the NGL market remains flat with severe supply overhangs.
Frac Spread: NGL Prices Fail To Keep Up With Crude, Gas Improvements
Crude and gas fundamentals are improving along with prices, but the NGL market remains flat with severe supply overhangs.
Frac Spread: Propane Facing Difficult Times Ahead
Rail capacity is being overwhelmed by propane shipments, which could cause the product to become competitive with resurgent gas prices.
Frac Spread: WTI Prices Reach Yearly High, NGL Prices Don’t Follow
Despite crude prices posting strong gains, NGL prices remained stagnant as supplies remain high.
Frac Spread: Crude Provides Uplift To NGL Prices
NGL prices experienced a rebound as WTI crude prices moved up on the back of several fundamental changes.
Frac Spread: NGL Prices Fail To Follow Crude’s Lead
Despite WTI crude hitting its high price for 2015, NGL prices were largely flat as storage overhangs continue to negatively impact the industry.
Frac Spread: NGL Prices Retreat
NGL demand was down this week as the Houston Ship Channel reopened and traders were no longer scrambling for extra volumes to meet end-of-month fulfillments.
Frac Spread: Heavy NGL Prices Spring To Life
The switch to summer-grade gasoline had a positive impact on heavy NGL prices despite flat WTI crude prices.
Frac Spread: Hoping For A Rebuilding Season
It is becoming clear that 2015 will be a “lost year” for crude oil, natural gas and NGL prices, but the hope is that it will be a minor blip.
Frac Spread: Cushing Constraints Impacting Markets
West Texas Intermediate crude prices took another downturn the week of March 11 as storage at the Cushing, Okla., hub is quickly filling up.