Here are some market thoughts from Flashpoint’s Darius Lechtenberger “WTI crude and refined product prices are slightly stronger despite no immediate response from OPEC+ to… Read More "More Cold Signals for February"
EIA: Inventories Draw 3.7M, February Weather Pattern Discussion
The EIA announced a draw of 3.7M/bbls for the week ending January 17, 2025. National inventories now stand at 74.1M/bbls compared to 67.9/bbls one year… Read More "EIA: Inventories Draw 3.7M, February Weather Pattern Discussion"
February Weather Outlook
Crude and WTI are relatively flat today, and the big story in propane remains the weather. The Southeast had an unprecedented snow event, with parts… Read More "February Weather Outlook"
Hedge Funds Turning Bullish on Petroleum Products
Let’s begin with a look at hedge fund activity as it relates to the petroleum sector, with information provided from John Kemp. ‘Investors have eliminated… Read More "Hedge Funds Turning Bullish on Petroleum Products"
EIA: Propane Draws 4.7M
The EIA announced a draw of 4.7M/bbls for the week ending January 10, 2025. National inventories now stand at 77.9M/bbls compared to 76.3M/bbls one… Read More "EIA: Propane Draws 4.7M"
A January For the Record Books?
January of 2025 is off to an incredible start for home heating demand for much of the country, and it will stay that way through the rest of the month, based on current weather modeling. If the forecast for the next two weeks verifies, January of 2025 may wind up with the second-most GWHDDs of any January since 2014 and barely falling short of that epic month. Read More "A January For the Record Books?"
Coast to Coast Below Normal Temperatures
There is more going on in the world than just the weather, but in the propane world, the weather is THE thing right now. However,… Read More "Coast to Coast Below Normal Temperatures"
January and February Forecast Update (It’s Cold)
If the forecast for the rest of January and February holds up, we might be talking about Jan and Feb of 2025 in reverent tones in the future. Let’s dive in! Read More "January and February Forecast Update (It’s Cold)"
The Propane Buzz for January 9, 2025
John Kemp took a few weeks off for the holiday but he offers up some thoughts on the hedge fund space from last week, which… Read More "The Propane Buzz for January 9, 2025"
EIA: 2.5M/bbl Draw, Coast to Coast Cold
The EIA announced a draw of 2.5M/bbls for the week ending January 3, 2025. National inventories now stand at 82.5M/bbls compared to 79.1M/bbls one year… Read More "EIA: 2.5M/bbl Draw, Coast to Coast Cold"