NGL Market

The NGL (Natural Gas Liquids) market involves the buying and selling of valuable hydrocarbons like propane, butane, ethane, and natural gasoline that are extracted from natural gas and crude oil. These liquids are used for heating, fuel, petrochemical feedstocks, and as motor fuels. Their prices fluctuate based on supply and demand, global energy markets, and production levels. The NGL market is crucial for energy companies and industries, influencing energy costs and supply chains. It operates globally, with diverse players including producers, traders, and end-users, all working within a framework of contracts, pricing indices, and transportation logistics.