Ethane prices remain buoyant as other NGL sink, but the summer is looking volatile.
Gulf Coast crackers will come online and increase demand, but prices won’t rise like many would like, Bernstein says in a new report.
NGL prices continue to rally, with optimism about ethane’s outlook.
NGL prices rise, positioned for volatility and tighter balances later in the year.
OPEC production cut plans serve up a potentially volatile year.
Energy, like breakfast cereal, is part of a competitive global market, says speaker at OU symposium.
As higher prices encourage more production of crude oil, Morgan Stanley experts see associated output of natural gas dragging down its price.
Even with land prices shooting straight up, the Permian Basin still can make economic sense, says an RS Energy Group analyst.
OPEC states Libya and Nigeria were exempted from the limits to help their oil industries recover from years of unrest, though a committee on July 24 agreed Nigeria would now join the deal.
Oil traders are looking ahead to the July 24 meeting of several ministers from OPEC and non-OPEC members in Russia, though some analysts doubt it will lead to any new intervention.
Both benchmarks were trading at their highest since June 7 after rising more than 1.5% in the previous session on a report showing U.S. crude and fuel inventories fell last week.
Crude inventories fell by 4.7 million barrels in the week to July 14, compared with analysts' expectations for a decrease of 3.2 million barrels, the EIA said.
Russia is ready to continue working with OPEC, a source said, adding that Moscow welcomed a flexible approach by OPEC's leader Saudi Arabia to accommodate rising output from Nigeria and Libya.
Before the EIA report that revealed a bigger weekly draw than forecast in crude and gasoline stocks, WTI and Brent futures were up about 0.6%, supported by strong demand for gasoline.
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.
North American natural gas hub prices rally again on Tuesday, July 18.
API lauds Trump approach to trade deficit in NAFTA negotiations.
North American natural gas hub prices rise sharply on Monday, July 17.
North American natural gas hub prices end the week little changed.
North American natural gas hub prices stayed even or declined on Thursday, July 13.
Forecasts of increased hurricane activity could portend increased demand for the summer.
If you can bear the crude oil slump, note that NGL prices are up and the frac spread has widened.
Two ethylene export terminals in Houston await investment decision.
NGL prices are sagging, but oil and natural gas markets are balancing.
NGL prices enveloped in gloom as commodity markets struggle.
Agreement with ONEOK allows EnLink to optimize its value chain from supply-rich STACK and Merge plays to growing Gulf Coast demand markets.
U.S. crude and gasoline stockpiles fell last week, while distillate inventories rose, the Energy Information Administration said June 21.
CERI speakers note the lack of government incentives offered by Canada for investment in petrochemical projects.
ExxonMobil’s purchase of Jurong Aromatics plant will boost its output in Asia.
Domestic limits mean that the industry will have to pursue export markets.
CEO Jim Teague emphasized export markets during a talk to upstream executives.