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Frac Spread: Ethane Markets Remain Fragile

Heavy NGLs outperformed expectations, but ethane prices remain challenged due to disruptions along the Gulf Coast.

High inventories constrain prices after brief jolt, but petrochemical producers could find opportunities in Asian markets.

With oilfields shown to be vulnerable and foes unwilling to compromise, an escalation of the regional conflict is likely, says an analyst.

NGL barrel rises above $20 and margins show strength.

Prices and margins improve across the NGL spectrum.

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