On-Demand Webinar: Return to Rapid Growth: Short-term LPG Outlook | February 16
It was a volatile fourth quarter in 2021 for the LPG market with prices hitting multi-year highs in October on supply concerns and then falling sharply in the following months on higher-than-expected US production. With the recovery in global oil demand and the sharp increase in prices in recent months, energy companies are planning to increase capital spending which is expected to increase US exports. Middle East exports should also increase in tandem with higher oil production. Meanwhile, propane is becoming increasingly competitive in the petrochemical sector and driving demand higher in Asia and Europe.
Topics discussed:
• Upward revision to US production and exports as producers increase spending
• Outlook for Middle East exports following the oil price recovery
• Supply expansions and contractions in other parts of the world
• Improving demand outlook from the petrochemical sector
• Update on shipping
9 AM Houston | 10 AM New York | 3 PM London |
5 PM Athens | 6 PM Doha | 7 PM Dubai |11 PM Perth/Singapore
Presented by:
Zahid Afzal, Senior LPG Analyst, Poten & Partners
Jon McDonald, LPG Analyst, Poten & Partners
