The EIA reported total U.S. propane/propylene inventories had a build of 3.5 MMbbl for the week ended September 26, which was more than industry expectations for an increase of 1.7 MMbbl and the average build for the week of 1.5 MMbbl. Total U.S. propane/propylene stocks reached a record high, according to EIA weekly data that began in January 2015. Inventories are now at 103.4 MMbbl, which is 5.6 MMbbl, or 6%, above the same week in 2024 and 1.4 MMbbl, or 1%, more than the 5-year maximum. Inventories are 11.7 MMbbl, or 13%, above the 5-year average. The continued strength in inventories underscores ample supply heading into the winter heating season.
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