US exports

SIMON SAYS: What happens next – cargo hunting States side!

Submitted by Simon Hill on Mon, 09/23/2019 - 17:00

Yesterday I explored the implications for LPG as a result of last week’s drone attack on the Abqaiq crude processing facility in Saudi Arabia, that the damage is probably far greater than has been explained so far, and that Saudi Arabia’s current focus is on security, crude oil and the impending IPO of Aramco.

SIMON SAYS: Money and Exports make the world go around

Submitted by Simon Hill on Tue, 09/03/2019 - 17:00

Labor Day is pretty much over, and there are maybe 6-7 weeks left of what my American colleagues call the injection season for U.S. propane inventory. It could well be a very crucial period for the U.S. propane market, and for that matter the whole international market structure. I’m trying to gauge whether we are really going to see U.S. structure continue to gain ground on its co-markets especially in Asia, but Europe as well.