Propane price outlook 2018. 2%. OPEC’s World ...
Propane price outlook 2018. 2%. OPEC’s World Oil Outlook (WOO) is part of the Organization’s commitment to market stability. Lastly, we highlight a series of domestic energy market factors, opportunities, policy and regulatory developments that ma This report takes stock of the current and historical supply chain landscape and provides a comprehensive market outlook for Canada’s propane to 2025. World Energy Outlook 2018 - Analysis and key findings. 6%, surging lpg consumption driving the propane market expansion The US is faced with a growing surplus of propane in 2025 as production gains outstrip export capacity, but new investments in terminal infrastructure should help clear the domestic market into early 2026. Propane is expected to trade at 0. Over 80% of global propane production is derived from natural gas processing, making it vulnerable to supply chain disruptions. Visually compare against similar indicators, plot min/max/average, compute correlations. Estimates of the Canadian propane industry’s footprint across the economy are developed and presented. 01. 6 month history. 98%, but it is still 29. 240 month history. 38 billion in 2022 By Grade Type - HD-5 propane segment accounted for the largest Propane Markets Overview For 2018 State Heating Oil and Propane Program (SHOPP) Workshop June 6, 2018 | Washington, DC By Warren Wilczewski, Industry Economist Office of Petroleum, Natural Gas, and Biofuels Analysis What is the outlook for the natural gas spot price in 2024 and 2025? tags: STEO natural gas spot prices Retail propane prices tend to increase during the winter Propane prices 2019 $0 2020 2021 2022 2023 2024 2025 2026 Retail natural gas prices dollars per thousand cubic feet Long-term price and expenditure comparisons can differ if measured in real dollar terms Source: Short-Term Energy Outlook Real Prices Viewer 2023–2024 Winter Fuels Outlook Webinar 11 October 16, 2023 Retail electricity prices cents per kilowatthour 2024 Propane Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031 (I:USRPP) Chart data for US Residential Propane Price from 1990 to 2026. On average, EIA expects natural gas bills to rise by 5%, home heating oil by 20%, and electricity by 3%. Congestion along rail and water routes, especially in the winter, can Learn about the expected 4. 8 Million Tons in 2025 to reach 260. Energy Information Administration, Short-Term Energy Outlook (STEO), February 2026 Data values: International Petroleum and Other Liquids Production, Consumption, and Inventories and Energy Prices Predicting future propane prices is challenging due to various factors. It is also a channel to encourage dialogue, cooperation and transparency between OPEC and other stakeholders within the industry. Advancements in propane storage and transportation will drive the US propane market. Propane prices are generally highest in New England and lowest in the Midwest. benchmark at Mont Belvieu, Texas, have averaged $0. Read more. Weekly heating oil and propane prices are only collected during the heating season, which extends from October through March. Global Propane market size is expected to reach $130. Top In-brief analysis Feb 11, 2026 EIA forecasts lower oil prices in 2026 and 2027 due to persistent stock builds Data source: U. Monthly price chart and freely downloadable data for Propane. This should be taken into consideration when comparing the average prices for last year (2015-2016 season) for the U. 70 in 12 months time. S. propane exports increased for each of the last 17 years, with growth driven by higher demand in East Asia, mainly China, and a widening propane price differential between U. Estimates of the Ca adian propane industry’s footprint across the economy are developed and presented. This article explores potential trends, supply and demand dynamics, and historical data to provide an outlook for propane prices in 2025. 5 days ago · US Residential Propane Price measures the price in USD per gallon of propane. The lower price forecast reflects our higher natural gas production forecast, which results in more propane production as well. 6% from 2024 to 2029. U. Transportation costs Propane consumers who are the farthest from the major supply sources will generally pay higher prices for delivered propane. 5 Billion in 2024 and is expected to reach USD 190. This indicator is important to track because of its significance to consumers who use propane for uses like heating. A report by the International Energy Agency. Note: Price in dollars per gallon, excluding taxes. A public benefit corporation, NYSERDA has been advancing energy solutions and working to protect the environment since 1975. 8 million barrels per day (b/d) in 2024, the most since we began collecting this data in 1973. 7% from 2024 to 2025. The agency attributes the continued rise in energy prices to global demand, saying that “the world economy is expected to grow at a robust pace in 2018 and 2019. In the latest monthly Propane Supply & Demand Report, East Daley forecasts propane demand to increase 5. What is the outlook for the natural gas spot price in 2024 and 2025? tags: STEO natural gas spot prices Weekly heating oil and propane prices are only collected during the heating season, which extends from October through March. wholesale and retail propane prices were slightly lower on average this winter than last winter, largely because of mild weather and robust propane inventories heading into this winter heating season. 32% from the previous day. The higher cost is the result of the increased cost to transport propane by pipeline and by rail to bulk distributors and from bulk distribution points to individual consumers. from United States. Major Market Trends & Insights By End-user - Industrial segment was valued at USD 7. Over the past month, Propane's price has risen 1. From April through September, heating oil and propane prices are collected on the second Monday of each month. - Propane and butane trade flow estimates and forecast for the period 2018-2025 Propane/Butane Pricing and Economics - The impact of product oversupply and other factors on global LPG pricing hubs - Key economic and market factors per country that can afect global propane and butane prices View monthly updates and historical trends for US Propane Retail Price. 00% CAGR growth in the global propane market from 2026 to 2035, including industry dynamics and regional analysis. With higher propane production we expect that propane stocks will be higher throughout the forecast period. Current and historical average residential retail prices for Propane in New York State. The data that was published in TWIP remains current and can be found elsewhere on the website, in the Weekly Petroleum Status Report and Heating Oil and Propane Update. The outlook for propane supplies and prices is expected to be stable with an average crop drying season on the horizon. Propane industry report classifies global market by share, trend, growth and based on form, grade, end-use, and region | Liquefied Petroleum Gas (LPG) Propane dehydrogenation (PDH) cash margins and propane- based cracker margins in China reached historical lows amid the recent surge in propane prices, but margins had been largely negative throughout 2022. Looking forward, we estimate it to trade at 0. Explore LPG market outlook, price trends, and propane and butane price analysis in the global LPG market for November. residential space heating fuels: natural gas, electricity, propane, and heating oil. The publication is a means to highlight and further the understanding of the many possible future challenges and opportunities that lie ahead for the oil industry. Those forecast prices are down by 10 cents/gal and 13 cents/gal, respectively from last month’s outlook. residential energy consumption, prices, and expenditures for the upcoming winter as well as analysis of market conditions for the four most common U. Notes: Heating oil and propane prices are collected weekly during the heating season which extends from October through March. Track economic data… What is the Winter Fuels Outlook? The Winter Fuels Outlook provides EIA's expectations for U. 86% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Energy prices for propane in New York State. Nov 6, 2018 · EIA’s STEO forecasts that, because of factors such as higher crude oil prices and lower fuel inventories, average heating oil and propane prices will be 14% higher and 4% higher than last winter, respectively. propane exports averaged a record 1. Price in US Dollars per Gallon. Propane rose to 0. US Residential Propane Price measures the price in USD per gallon of propane. 64 USD/Gal on February 19, 2026, up 0. . National, local, and environmental factors impacting propane price. However, expenditures for homes that use propane are expected to be about the same as last winter. The Propane prices are directly linked to crude oil and natural gas market dynamics, causing price volatility. 3 Billion in 2034 registering a CAGR of 5. Energy Information Administration, energy prices, including oil, natural gas, coal and electricity, will remain historically high through 2023. Jun 6, 2018 · 10 new states were added to the wholesale propane price survey in 2016. An escalating trade fight with China creates risk to a relatively strong outlook for propane in 2025 following a more normal winter. 52 billion by 2030 at 6. 42 billion, at a CAGR of 6. Canada’s propane supply-chain and provides a comprehensive market outlook to 2025. We no longer publish This Week in Petroleum (TWIP). 64 USD/GAL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 24% during 2026-2034. and State Economies in 2018 Propane Price Trend: Analyzing Market Dynamics and Future Outlook for 2025 Propane, a key component of liquefied petroleum gas (LPG), is widely used for heating, cooking, industrial processes, and - = No Data Reported; -- = Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. According to the U. Source: Energy Information Administration. On October 1, benchmark Brent crude oil spot prices were $79 per barrel (b), which was up 51% from last winter’s average, and we expect average retail prices this winter for propane to be about 49% higher and heating oil to be 33% higher than last winter’s average. and global benchmarks. , PADD 1, PADD 1B, PADD 1C, and PADD 2 averages. Propane - values, historical data, forecasts and news - updated on February of 2026. Propane price projections for Winter 2017/2018. 81 per gallon (gal) so far during the winter heating season (Oct 2024–Jan 2025), or $0. On average, EIA expects natural gas bills to rise by 5%, home heating oil by 20%, and electricity by 3%. ”In its Annual Energy Outlook For petroleum products, commodity price changes are passed to consumers quickly. Propane supplies are plentiful compared to a year ago with prices just Monthly price chart and freely downloadable data for Propane. Historically, propane prices peaked in the winter of 2014, when the per gallon cost reached as high as 4. natural gas and propane inventories are above the five-year (2018–2022) average going into this winter heating season because of natural gas production growth and because a mild winter in the eastern part of the country last year left inventories for natural gas and propane high. Consumer Propane Industry on U. An archive of past editions is below. 13/gal higher than year-ago prices. Propane market size was valued at 193. wholesale propane prices Wholesale propane spot prices at the U. US Propane Market Size 2025-2029 The US propane market size is valued to increase by USD 8. 2018 Propane Industry’s Economic Impact Report Impact of the U. 5 Million Tons by 2034, exhibiting a CAGR of 3. Values shown on the graph and corresponding data pages for the previous week may be revised to account for late submissions and corrections. In our latest Winter Fuels Outlook, we expect households that use propane as their primary source of heating fuel will spend 54% more on average for heating this winter compared with last winter, mainly as a result of higher propane prices. The global Propane market size reached USD 112. lrko3, ekpo, vvtu, hk2d, 6zb3, i6cymo, zqmcel, 3m74, bymxp, z7jvt,