PADD 1 (East Coast) propane inventories experienced a notable drop of 441 Mbbl, bringing total stocks down to 3.8 MMbbl. This sharp weekly decline diverges significantly from typical seasonal trends. Inventories now sit at 1.5 MMbbl, or 28%, below 2024 levels and 941 Mbbl, or 20%, beneath the five-year average, though they remain 439 Mbbl, or 13%, above the five-year minimum. RBN will closely monitor this unexpected inventory dip.
Featured Articles
- Analyst Insight
PADD 1 Inventories Drop in Unseasonal Propane Draw
Mid-July propane draw in PADD 1? Not exactly what you'd expect this time of year.
- Analyst Insight
Propane Inventories Continue to Build in PADD 1 and Exports Fall to Lowest Level
PADD 1 propane stocks built for a second week after an import boost
- Analyst Insight
PADD 1 Propane Draw Bucks Seasonal Norms
Summer propane draw in PADD 1? Yep, that just happened.
U.S. build came in light, and the East Coast is dipping into stocks early.
Winter’s already giving us side-eye.
