Price of the NGL ‘barrel’ slinks to its lowest point since November.
NGL prices mostly hold steady in anticipation of increased demand.
NGL prices will stabilize, and then rise but not quite yet, CERAWeek panelists say.
U.S. natural gas inventories rise during the last week of February for the first time ever.
NGL prices slump as doubt about OPEC’s production cut and a warm winter cast gloom.
The long-term outlook for NGL is bright, even with last week’s declines.
Short-term NGL price jolts are ephemeral, but long-term plans carry risk as well.
NGL are in a stronger position compared to where they were during last year’s Super Bowl.
Higher demand remains a long-term certainty despite the volatile near-term NGL market.
During the Obama years, NGL prices recovered from the Great Recession.
Strong crude prices and rising demand push NGL ‘barrel’ to 25-month highs.
2016 NGL prices, led by butane, soar in December to match the previous year’s averages.