Yuka Higuchi

• Bottleneck blues

  
  • LPG and NGLs
  • Outlook
  Published 3 Aug 2018 by
  • Robert Campbell
  • Nevyn Nah
  • Yuka Higuchi
  • Tom Whitehouse
  • Rhidoy Rashid
  • Raul Rivera
  • James McCullagh
  The US natural gas liquids system is constrained, making the production and distribution of NGLs harder as stocks build in unhelpful places even as demand from export markets continues to pull supply out of the US Gulf Coast. US propane stocks rose by 5 mb m/m in July, but just 0.9 mb of this was..

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• PADD 3 propane stock recovery subdued due to exports in spite of continued production growth

  • LPG and NGLs
  • E-mail alert
  Published 31 Jul 2018 by
  • Yuka Higuchi

• Processing capacity to constrain Eastern Rockies liquids growth by end-2018

  • Oil
  • LPG and NGLs
  • E-mail alert
  • E-mail alert
  Published 18 Jul 2018 by
  • Yuka Higuchi
  • Nina Fahy
  • Christine Armstrong

• Processing capacity to constrain Eastern Rockies liquids growth by end-2018 and pressure basis

  • Natural Gas
  • North America
  • North America E-mail alert
  Published 18 Jul 2018 by
  • Yuka Higuchi
  • Nina Fahy
  • Christine Armstrong

• Tidal wave

  
  • LPG and NGLs
  • Outlook
  Published 6 Jul 2018 by
  • Nevyn Nah
  • Yuka Higuchi
  • Tom Whitehouse
  • Rhidoy Rashid
  • James McCullagh
  Falling Middle Eastern exports, uncertainty over US sanctions on Iran and the threat of Chinese tariffs on US LPG has kept the Asian LPG market unusually strong over the last month as importers sought to replenish stocks early rather than await further clarification. The recent OPEC+ agreement to..

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• US propane stocks build m/m in April, but stockpiling could be limited for the summer

  • LPG and NGLs
  • E-mail alert
  Published 2 Jul 2018 by
  • Yuka Higuchi

• Indian LPG demand growth surges in May but imports still muted in anticipation of seasonal downswing

  • LPG and NGLs
  • E-mail alert
  Published 25 Jun 2018 by
  • Amrita Sen
  • Yuka Higuchi

• Bakken liquids production growth may slow from late Q3 18 on gas infrastructure constraints

  • Oil
  • LPG and NGLs
  • E-mail alert
  • E-mail alert
  Published 5 Jun 2018 by
  • Yuka Higuchi
  • Christine Armstrong

• Bakken production growth may slow from late Q3 18 on gas processing infrastructure constraints

  • Natural Gas
  • North America
  • North America E-mail alert
  Published 5 Jun 2018 by
  • Yuka Higuchi
  • Christine Armstrong

• Permian supports y/y LPG gains in March, but infrastructure to constrain growth in H2 18

  • LPG and NGLs
  • E-mail alert
  Published 1 Jun 2018 by
  • Yuka Higuchi

• Constraints ahead

  
  • LPG and NGLs
  • Outlook
  Published 1 Jun 2018 by
  • Robert Campbell
  • Nevyn Nah
  • Yuka Higuchi
  • Tom Whitehouse
  • Matthew Holland
  • Rhidoy Rashid
  • James McCullagh
  LPG prices have been unseasonably strong over the last month, posting gains against crude and naphtha as the whole energy complex has rallied amid fears that the resumption of US sanctions on importers of Iranian oil will trigger a shortfall in the global oil market. While steady US exports have..

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• Indian April LPG demand growth jumps, with imports to rebound amid low stocks

  • LPG and NGLs
  • E-mail alert
  Published 29 May 2018 by
  • Amrita Sen
  • Yuka Higuchi

• North America Quarterly

  
  • Oil
  • North America Quarterly
  Published 25 May 2018 by
  • Amrita Sen
  • Virendra Chauhan
  • Richard Mallinson
  • Sam Alderson
  • Yuka Higuchi
  • Jon Sudduth
  • Valeria Daza Cajigal
  • Oriol Andres
  • Christine Armstrong
  This is the May 2018 edition of our North America Quarterly, covering all important aspects of the region, with a particular focus on the growth of US production and its impact on regional and global balances for both crude and products. The NAQ is designed to be a comprehensive guide to US and C..

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• Conway propane discount to Belvieu widens, suggesting pipeline congestion in the MidCon

  • LPG and NGLs
  • E-mail alert
  Published 21 May 2018 by
  • Yuka Higuchi

• Forced exit

  
  • LPG and NGLs
  • Outlook
  Published 4 May 2018 by
  • Robert Campbell
  • Nevyn Nah
  • Yuka Higuchi
  • Tom Whitehouse
  • Matthew Holland
  • Rhidoy Rashid
  • Jon Sudduth
  • James McCullagh
  Propane markets are entering the stockbuild season with US propane swaps more steeply backwardated than they were last year, when the market was far more preoccupied with the tightening supply situation. But it is far from clear that shorting this market will yield a quick win. Backwardated swaps..

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Recent alerts

• PADD 3 propane stock recovery subdued due to exports in spite of continued production growth 1 year ago
• Processing capacity to constrain Eastern Rockies liquids growth by end-2018 1 year ago
• Processing capacity to constrain Eastern Rockies liquids growth by end-2018 and pressure basis 1 year ago
• US propane stocks build m/m in April, but stockpiling could be limited for the summer 1 year ago
• Indian LPG demand growth surges in May but imports still muted in anticipation of seasonal downswing 1 year ago
• Bakken liquids production growth may slow from late Q3 18 on gas infrastructure constraints 1 year ago
• Bakken production growth may slow from late Q3 18 on gas processing infrastructure constraints 1 year ago
• Permian supports y/y LPG gains in March, but infrastructure to constrain growth in H2 18 1 year ago
• Indian April LPG demand growth jumps, with imports to rebound amid low stocks 1 year ago
• Conway propane discount to Belvieu widens, suggesting pipeline congestion in the MidCon 1 year ago
• US NGL production rebounds in February, with robust growth ahead but strong demand limits stockbuilds 1 year ago
• Rising butane spreads to incentivise more split cargo exports with LPG from US to Asia 1 year ago
• Indian LPG demand growth continues unabated in March but imports still slow on high stocks 1 year ago
• Prolonged shutdown of Mariner East 1 bullish for USGC ethane 1 year ago
• Propane stock deficit expected to continue narrowing as production rebounds after January freeze-offs 1 year ago