Improved NGL prices provide some hope for the market, but the outlook for crude remains challenging.
Though NGL prices won’t be rebounding in the near-term, there was some welcome news to be found in the propane market.
Fundamental improvements in the crude market are helping the market reach a bottom.
NGL customers are buying early to take advantage of attractive prices.
Crude prices improved along with the stock market, but fears still remain heading into the shoulder season.
Bearish sentiments in the commodities market were further increased as stock markets ride volatile wave.
After a surprise price resurgence earlier this season, crude and liquids have been dropping in value.
As the industry anxiously awaits demand to arrive, hydrocarbon storage is filling up.
Commodity prices remain challenged as markets await various demand factors to start to kick in.
Commodity prices continue their summer slump, but fall and winter should provide modest upticks.
The NGL barrel has lost more than half of its value in the past year. However, prices may have reached their floor.
The prospect of Iranian crude reaching global markets further dampens an oversupplied market, but long-term prospects remain solid.