The EIA reported that total U.S. propane/propylene inventories fell by 3.7 MMbbl for the week ended December 22, which was above average industry expectations for a draw of 1.9 MMbbl and the 2.2 MMbbl average decline for the week. Total U.S. propane stocks now stand at 84.7 MMbbl, which is 7.5 MMbbl, or 9.7%, above the 5-year average.
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- Analyst Insight
U.S. Propane Weekly Inventories Draw by 2.2 MMbbl as EIA Issues Notification of Errors in PADD 2
U.S. propane inventories draw about 700 Mbbl more than industry expectations while the EIA identifies errors in PADD 2 stocks affecting various calculations.
- Analyst Insight
U.S. Propane Stocks Build, Lag Industry Expectations
Underwhelming stock build meets rising exports—what does this mean for propane markets?
- Analyst Insight
U.S. Weekly Propane Inventories Draw Over Average Industry Expectations
EIA reported that total U.S. propane/propylene inventories recorded a draw of 3.4 MMbbl for the week ended February 23, which was above the average of industry expectations for a draw of 2.1 MMbbl and the 1.9 MMbbl average decline for the week.
