Written on: January 8, 2024
On Monday, January 8, Flashpoint Energy Partners’ “Propane Buzz” report shared thoughts on propane supply. The prospects for exports will be a big topic in 2024. Price weakness this week for crude oil are linked to Saudi Arabia reducing the official selling price of its flagship Arab light crude in Asia to the lowest level in 27 months. There are upside concerns for crude oil due to the possibility of extended disruption in the Strait of Hormuz. The team at Flashpoint Energy Partners also shared a video detailing the likelihood for the coldest stretch of weather in many parts of the country in several years.
The report from Flashpoint Energy Partners is here.