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NGL Prices Follow Crude, Gas Downturns

机译:NGL价格跟随原油,天然气低迷

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NGL prices were largely stagnant, with a slight trend down at the end of June as they followed losses for natural gas price and crude. Over- all, NGL prices largely remained flat compared to the levels posted in the second quarter. Gas prices lost value due to weaker cooling demand from cooler- than-normal summer temperatures around the country. The Mont Belvieu price fell 6% to $4.38 per million Btu (/MMBtu) while the Conway price was down 1% to $4.42/MMBtu. Production may expe- rience some stranding issues this month as several pipelines and pro- cessing plants will be down for maintenance, which could result in a short-term price improvement should cooling demand increase.
机译:NGL价格基本停滞不前,由于天然气价格和原油价格下跌,6月底略有下降。总体而言,NGL的价格与第二季度的水平相比基本持平。天然气价格因全国夏季气温低于正常水平而导致的制冷需求减弱而失去了价值。 Mont Belvieu价格下跌6%至$ 4.38每百万Btu(/ MMBtu),而Conway价格下跌1%至$ 4.42 / MMBtu。本月生产可能会遇到一些搁浅的问题,因为几条管道和加工厂将停产维修,如果冷却需求增加,这可能会导致短期价格上涨。

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