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LNG | Oil | Petrochemicals | Shipping

Gains in WTI, robust petrochemical demand add strength to US NGLs

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Listen: Gains in WTI, robust petrochemical demand add strength to US NGLs

US NGLs have strengthened across the board early in 2021, with some of those gains tied to increases in West Texas Intermediate and others linked in robust demand from the petrochemical sector and other global markets.

LPG editor MK Bower discusses what is driving pricing strength for propane and butane, how ethane is recovering from the demand destruction wrought during hurricane season, and why market participants are confounded by natural gasoline and its relative strength against crude.

Related coverage: EIA says propane product supplied climbs to near 14-year high