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.
NGL prices hold steady, but natural gasoline continues its weekly advancement and monthly total for May easily outpaced April.
NGL prices reach highest point in year for second week in a row, led by pentanes plus.
Robust exports, along with reduced production of propane, propels hypothetical NGL barrel to highest price since early May 2015.
NGL prices slip from last week’s high as the storage crunch eases and the energy industry awaits the long-term impact of massive wildfire in western Canada.
Led by propane, all components move up except for ethane; storage passes 2.6 Tcf.