The EIA reported total U.S. propane/propylene inventories built by 4 MMbbl for the week ended April 12, which was above the average of industry expectations for an increase of 1.4 MMbbl and the 1 MMbbl average build for the week. Total U.S. propane stocks stand at 55.7 MMbbl, which is 238 Mbbl, or 0.4%, above the same week in 2023 and 1 MMbbl, or 1.9%, below the 5-year maximum.
Featured Articles
- Analyst Insight
U.S. Propane Exports and Production Hit Record Highs While Inventories Build by 1 MMbbl
Smashing highs for U.S. propane exports and production while inventories build below industry expectations.
- Analyst Insight
U.S. Propane Inventories Build by 2.2 MMbbl as Production Remains Strong
Propane inventories increased 300 Mbbl more than industry expectations as production came in just under the weekly record high of 2.83 MMb/d.
- Analyst Insight
Greatest of All-Time! - Massive Draw for Propane Stocks as Production Plunges and Exports Soar.
Record-high draw for propane stocks as production output drops sharply and exports climb.
