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Mont Belvieu Newswire

Mont Belvieu Newswire

Comprehensive Real-Time News Feed for Mont Belvieu, TX.

Results 1 - 20 of 28 for "u:snl.com" in Mont Belvieu, TX

  1. Jump in propane demand prompts prices to finish week with small gainRead the original story

    Oct 21, 2016 | SNL Financial

    The price of propane eked out a small advance in the week ended Oct. 21 as a rebound in demand helped create a drop in inventories. Lone Star pipeline grade propane at Mont Belvieu, Texas, advanced 0.30 cent to trade at 58.25 cents per gallon in the week ended Oct. 21, while non-LST propane gained 0.25 cent to trade at 58.10 cents per gallon.

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  2. Propane prices advance slightly on inventory draw, higher oil marketRead the original story

    Oct 14, 2016 | SNL Financial

    The price of propane gained close to a penny per gallon in the week ended Oct. 14, as weekly government data revealed that a decline in production and gain in exports led to the first drop in propane inventories of the heating season. The price of Lone Star pipeline grade propane at Mont Belvieu, Texas, advanced 0.85 cent to trade at 57.95 cents per gallon in the week ended Oct. 14, and non-LST propane also gained 0.85 cent to trade at 57.85 cents per gallon.

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  3. Propane prices advance on projected winter exports, OPEC concernsRead the original story

    Oct 7, 2016 | SNL Financial

    The propane market advanced several cents per gallon in the week ended Oct. 7, as traders focused on the possibility that exports ramp up at the same time that potentially cold winter weather begins to emerge. Support also came from the oil market, which strengthened on the potential that OPEC cuts production further.

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  4. Propane market weakens as inventory gain outweighs oil rallyRead the original story

    Sep 30, 2016 | SNL Financial

    The propane market fell less than a penny in the week ended Sept. 30 amid a sharp increase in the level of propane stocks, while a rebound in the oil market following an OPEC agreement to reduce production added support.

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  5. Propane market gains more than a penny as higher exports counter weak demandRead the original story

    Sep 23, 2016 | SNL Financial

    The propane market moved slightly higher during the week ended Sept. 23 as support was taken from stronger exports as well as a rebound in crude oil and natural gas prices.

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  6. Propane prices hold steady despite higher inventories, weaker oil marketRead the original story

    Sep 16, 2016 | SNL Financial

    The propane market held in a steady direction during the week ended Sept. 16 in spite of pressure offered by a sharp rise in inventory levels, a drop in exports and weakness in oil prices.

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  7. Propane prices advance as tightening inventories boost most energy marketsRead the original story

    Sep 9, 2016 | SNL Financial

    The price of propane gained close to 3 cents per gallon in the week ended Sept. 9, with support offered by improvements in the inventory levels of crude oil and natural gas, as well as signs of improving demand for propane.

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  8. Propane market rallies on stronger natural gas, overlooks bearish inventoriesRead the original story

    Aug 26, 2016 | SNL Financial

    The propane market made marginal gains for a third straight week as traders focused on catching up to the rally in crude oil this month. The strength in propane prices took place despite pressure from higher inventories and weakness in demand for the fuel.

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  9. Propane market rises marginally with demand, crude oil rallyRead the original story

    Aug 19, 2016 | SNL Financial

    The price of propane gained slightly during the week ended Aug. 19 as the market received support from a small bump up in demand, as well as from a strong rally in the price of crude oil. Lone Star pipeline grade propane at Mont Belvieu rose 1.25 cents to trade at 44.95 cents per gallon in the week ended Aug. 19, while non-LST propane increased 0.05 cent to trade at 42.65 cents per gallon.

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  10. Propane prices recover on consumer buying, higher crude oilRead the original story

    Aug 12, 2016 | SNL Financial

    The price of propane increased less than a penny per gallon in the week ended Aug. 12, as support was offered by some signs of consumer buying as well as a rebound in the crude oil market. Lone Star pipeline grade propane at Mont Belvieu rose 0.95 cent to trade at 43.70 cents per gallon in the week ended Aug. 12, while non-LST propane increased 0.70 cent to trade at 42.60 cents per gallon.

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  11. Propane falls on weak seasonal demand, mixed tone in crude oilRead the original story

    Aug 5, 2016 | SNL Financial

    The propane market lost ground during the week ended Aug. 5 as pressure was applied by mixed sentiment in crude oil and lower prices of natural gas. Indications of propane demand were mixed, but the general feeling by traders was that the weak summer demand season also created some pressure on the market.

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  12. Propane prices ease on inventory build, lower oil marketRead the original story

    Jul 29, 2016 | SNL Financial

    Prices of propane fell less than a penny per gallon in the week ended July 29, with weakness offered by a strong build in inventories and softer demand. Additional pressure came from a decline in prices of oil amid evidence of a recovery in production.

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  13. Building through the 'trough period,' Enterprise sees better times aheadRead the original story

    Jul 28, 2016 | SNL Financial

    The commodity price rally from first-quarter lows is a prelude to a more positive phase for the energy sector, according to "[The rebound] is a positive for everyone in the value chain, even the consumer," A. James Teague said during Enterprise's July 28 second-quarter earnings call. "The move from $26 to over $40 in crude oil, and natural gas from less than $2 to $3, frankly was an easy call.

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  14. Propane prices weaken with crude oil despite small inventory buildRead the original story

    Jul 22, 2016 | SNL Financial

    The propane market fell close to a penny per gallon in the week ended July 22, as traders balanced pressure from lower crude oil prices against support from a smaller-than-expected build in propane inventories. Lone Star pipeline grade propane at Mont Belvieu fell 0.95 cent to trade at 48.55 cents per gallon in the week ended July 22, while non-LST propane lost 1.05 cents to trade at 48.05 cents per gallon.

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  15. Propane market finishes week on mixed note in spite of inventory pressureRead the original story

    Jul 15, 2016 | SNL Financial

    Prices of propane were able to avoid steep losses in the week ended July 15 in spite of weakening fundamentals that included continued gains in inventories and more cancellations of export cargoes. Lone Star pipeline grade propane at Mont Belvieu increased 0.70 cent to trade at 49.50 cents per gallon in the week ended July 15, while non-LST propane rose 0.55 cent to trade at 49.10 cents per gallon.

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  16. Propane prices fall further as crude oil posts another week of lossesRead the original story

    Jul 8, 2016 | SNL Financial

    The price of propane dipped during the trading week as another week of losses in crude oil and improved inventory data for propane added pressure. Lone Star pipeline-grade propane at Mont Belvieu fell 1.50 cents to trade at 48.80 cents per gallon in the week ended July 8, while non-LST propane declined 1.10 cents to trade at 48.55 cents per gallon.

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  17. Propane market overcomes bearish inventory report, rises with oil, gas pricesRead the original story

    Jul 1, 2016 | SNL Financial

    Propane inventories gained sharply as exports were mixed. Lone Star pipeline grade propane at Mont Belvieu gained 0.65 cent to trade at 50.30 cents per gallon in the week ended July 1, while non-LST propane rose 0.60 cent to trade at 49.65 cents per gallon.

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  18. Ethane's price upside likely limited by feedstock switching, higher oil productionRead the original story

    Jun 30, 2016 | SNL Financial

    Ethane prices have strengthened significantly in 2016 based on the startup of new ethane export capacity and in anticipation of the completion of new ethylene crackers. While ethane's relationship with crude oil and propane can typically be limited, higher oil production and feedstock switching will limit ethane's upside, according to analysis.

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  19. Tighter inventories support propane prices; oil tanks on BrexitRead the original story

    Jun 24, 2016 | SNL Financial

    The propane market gained less than a penny in the week ended June 24 with support offered by another gain in inventory levels that fell short of the five-year average increase. Signs of increased energy production and lower oil prices weighed on the market.

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  20. Propane prices slide despite bullish fundamentals on crude oil pressureRead the original story

    Jun 17, 2016 | SNL Financial

    The price of propane reversed the previous week's advance and fell more than a penny per gallon in the week ended June 17 based mostly on weakness in crude oil prices. Support was offered to propane markets from a smaller-than-normal build in inventories and an increase in demand.

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