| Propane To Crude Ratio |
0.35
0.01
|
|---|---|
| Last updated: August 26, 2026 06:34 | |
Propane to Crude Ratio
The propane-to-crude ratio is the non-TET propane price divided by the price of WTI crude oil. This ratio indicates the relative strength Gulf Coast propane as compared to front month futures WTI Crude oil in Cushing. A low ratio indicates that propane is cheaper than crude oil, which is usually due to lower weather-related demand, high inventories and propane export market constraints. A high ratio is usually due to cold weather in the primary propane demand months but can also be attributable to various other physical and financial disruptions.
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