The ethane spread between Conway and Mont Belvieu has narrowed dramatically since the summer.
Higher gas prices, narrower NGL margins and an ethane market on track for a spike decorate the outlook.
Soaring natural gas prices outpace increases in NGL; crude’s decline is linked to trader worries about an economic slowdown.
Natural gas prices ramp up as NGL prices slide.
High inventories and rising natural gas prices are pressuring NGL prices and margins.
Correction was needed and crude may have landed in a place of relative stability.
So far, so good may not be good enough if the U.S.-China trade war stays on this track in 2019.
Prices are careening wildly and they won’t stabilize anytime soon, say analysts.
U.S. inventories are well below levels of previous years, and an El Niño weather pattern could wreak havoc in early 2019.
The president takes on OPEC at the U.N. over the high cost of crude, but markets may ultimately set the terms.
Best ethane price since 2012, best ‘barrel’ in four years invokes nostalgia.
Mont Belvieu ethane is up 110% for the year and surpasses 44 cents per gallon for the first time since 2012.
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