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.
Decreased WTI prices push heavy NGL prices down after experiencing a bump the previous week.
NGL prices went through their roughest patch since 2008, but questions still remain over whether the market’s recovery has begun or not.
Crude prices remained flat at $60/bbl, while NGL prices continue to sag. This decoupling is expected to return as the norm going forward.
Challenges in the propane market continue to present themselves as prices stay at 13-year low.
Despite improved crude and gas prices, NGL prices continue to drop as an oversupplied market is weighing heavily on profits.