FARM BUSINESS NEWS
Oil's Geopolitical Risks
Brian Milne DTN Refined Fuels Editor
Thu Jun 12, 2014 12:07 PM CDT

CRANBURY, N.J. (DTN) -- Spot propane prices at the Conway supply hub in Kansas are hovering on either side of $1 per gallon so far in June, the lowest they have been since September 2013, and well below the $4.95 per gallon all-time high registered in late January. The fact they are 20 cents higher than a year ago might have some would-be buyers waiting on the sidelines for a further decline.

However, attacks on major Iraqi cities in recent days mean an expected decline from current values might be a few weeks away. In fact, spot propane prices are ...

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