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Some Butane That I Used to Know – Implications of the Mercurial 2017 Asian Butane Market

It was a wild ride for Asian Butane in 2017, driven by a range of diverse market factors, including U.S. ethane and LPG exports, a government program in India to encourage switching from firewood to LPG, the OPEC/NOPEC crude oil production cuts and LPG contract pricing set by Saudi Arabia. It was a textbook example of how today’s energy markets are buffeted by changes in production trends, government intervention and the growing influence of exports. Today, we introduce a series on the supply and demand dynamics that shaped Asian butane markets in 2017, and that will drive LPG markets in Asia, Europe and the U.S. in coming years. 

RBN Energy



This post first appeared on Houston Oil News, please read the originial post: here

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Some Butane That I Used to Know – Implications of the Mercurial 2017 Asian Butane Market

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