Pentane (traded as "natural gasoline") prices have risen to over $1.00/Bbl for the first time since February. Propane, butane, and pentane have all appreciated with the rise in crude oil.…
Despite an increasing global surplus throughout the year, the economic recovery and weaker dollar combined with increased delivery costs has significantly increased aluminum prices for consumers. Our analysis highlights some…
Lower natural gas production could mean a tighter propane balance this winter. However, there are headwinds that could limit a higher price outlook past the next five-months. Pre-Covid, propane production…
When prices move little, we are encouraged to keep our Factors unchanged. Still, a few are worth some attention. We still acknowledge the combination of OPEC+ Cuts, Production Decline, and…
Bearish Factors weighed on both oil and gas prices this week. COVID-19. Oil retreated this week after record surges in coronavirus cases in some of the U.S.’s largest states. The…
Oil price has moved higher as our identified bullish-side Factors have become more priced-in. In our view, further price improvements depend on how the demand side performs. OPEC+ Cuts. OPEC’s…
Oil prices have advanced, and perhaps too far. U.S. data shows that demand now exceeds supply if you don't include imports. Production shut-ins happened swiftly. Internationally, OPEC+ production likely peaked…
Despite the recent rally, oil and gas price risk remains this summer. Natural gas will not be spared from this volatility, as gas prices have been highly responsive to oil…