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.
Demand is expected to pick up in the second quarter, according to OPEC’s president. But that doesn’t mean another extension is off the table.
Stratas Advisors’ Jeff Quigley is in Vienna and will offer in-depth analysis from the OPEC meeting.
U.S. crude oil inventories fell for the seventh straight week as refiners processed a near record amount of crude last week, the EIA said May 24, even as gasoline and distillate stockpiles also dipped.
OPEC meets in Vienna on May 25 to consider whether to prolong the accord reached in December in which OPEC and 11 non-members agreed to cut oil output by about 1.8 MMbbl/d in the first half of 2017.
Questions arise at Platts conference on whether gas demand in the Northeast will really increase as expected.
Natural gas prices are mixed heading into the Memorial Day weekend.
North American natural gas prices were mixed on Friday.
North American natural gas hubs saw prices close mixed on May 18.
NGL ‘barrel’ price climbs to 5-week high as frac spread margins widen for all but ethane at two major hubs.
Ethane prices rise with the sector on the verge of higher demand.
The bearish crude oil outlook will shift as geopolitical uncertainty continues through a warm summer.
"In the next 90 to 100 days, if we don't have a couple hundred million dollars of acquisitions or projects ... we will be very disappointed," said Tallgrass CEO David Dehaemers.
ExxonMobil’s purchase of Jurong Aromatics plant will boost its output in Asia.
Deal will fund capital plans, provide revenue stream for partnership.
The new venture plans to build a 1 million tonne per year ethane steam cracker in Port Arthur, Texas, and is considering building a 625,000 tonnes per year polyethylene unit at Total's Bayport site.
Energy Transfer To Construct Fifth Fractionation Facility At Mont Belvieu