Despite infrastructure momentum, a significant ramp-up in NGL prices remains about three years away, East Daley analysts say.
Pentane-plus enjoys a bounce and ethane price gap narrows, but in general, NGL in summer funk.
Ethane, propane prices falter as poor economics hamper exports to Asia.
Ethane prices bounce back, although the expected first export cargo from the Gulf Coast is delayed.
NGL prices continue to slide as large crude, gas inventories feed downcycle.
Price retreat by crude oil and natural gas drags NGL down for third straight week.
NGL prices fell this week as the crude price rally looks to have ended with West Texas Intermediate (WTI) prices falling two straight weeks.
NGL barrel enjoys strong bounce in second quarter over first, but prices ease over past week.
Continued rise in oil, natural gas prices lifts all NGL except for Conway natural gasoline.
NGL ‘barrel’ slips in price but remains well above levels of a year ago.
Geopolitical risk casts shadow over outlook, but NGL ‘barrel’ price bounces back up as ethane continues its rally.
Ethane’s rally continues as other NGL slip; crude storage expansion is the largest ever recorded by EIA over six months.