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Crude to gas compression: race to the bottom in NGL and naphtha markets

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Report summary

A forecast of continued near term growth in supply of oil natural gas and NGLs coupled with limited demand growth appear to be positioning the markets for a downward price spiral over the next several months. With near term supply inelasticity supply growth will come in spite of the market's current pricing signals. Additional factors are putting more downward pressure on energy prices that are making the oversupplied market even worse.

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    Crude to gas compression: race to the bottom in NGL and naphtha markets

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  • Crude to gas compression: race to the bottom in NGL and naphtha markets: Image 1
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