Frac Spread: Propane Facing Rough 2015
As 2014 drew to a close, NGL prices experienced positives for the first time in more than a month.
Frac Spread: Another Week, Another Price Plunge
It’s beginning to sound like a song stuck on repeat, but natural gas and NGL prices continued to tumble the week of Dec. 10 as they followed the downward trajectory of crude oil prices.
Frac Spread: Race To The Bottom
As hydrocarbon prices crash, NGL prices are trying to find their floor value.
Frac Spread: Tough Outlook For Hydrocarbon Markets
Crude, NGL and gas prices are exected to experience headwinds for the foreseeable future.
Frac Spread: Temperatures, NGL Prices Drop
Colder temperatures and snowfall drove heating demand and improved gas prices, but NGL prices dropped through mid-November.
Frac Spread: Crude Downturn Continues To Hurt NGL Prices
Crude oil prices continue to fall as geopolitical issues impact both the West Texas Intermediate (WTI) and Brent markets. The WTI price fell below $75 per barrel (/bbl), nearing a level that could halt some U.S. unconventional production.
Frac Spread: Crude Oil’s Price War
Saudi Arabia’s mandate to continue crude production even as prices fall below $80 per barrel could have long-term impacts on U.S. markets.
Frac Spread: NGL, Crude Prices Hold Firm
NGL prices continued to suffer in the final week of October, while West Texas Intermediate crude prices held at about $80 per barrel.
Frac Spread: Crude Price Shock Waves Impact NGL Market
Though natural gas and NGL prices have been decoupling from oil prices for the past several years, the sudden downturn in crude prices have pulled the entire hydrocarbon sector down with it.
The NGL Price Plunge
NGL prices took a large downturn as they followed the downward trajectory of West Texas Intermediate (WTI) crude prices, which fell to their lowest levels in several years just above $80 per barrel (/bbl).