The EIA reported a 1.7 MMbbl draw in U.S. propane/propylene inventories for the week ended March 6, exceeding industry expectations for a 1.3 MMbbl decline. Total stocks now stand at 71.7 MMbbl, which is 26.4 MMbbl (58%) higher than the same week in 2025 and 10.7 MMbbl (18%) above the five-year maximum. Inventories are also 25.2 MMbbl (54%) above the five-year average.
Featured Articles
- Analyst Insight
U.S. Propane: Record Production Meets Elevated Inventories
U.S. propane inventories continue to build and remain well above historical levels, even as production reaches record highs. Exports have also declined week over week.
- Analyst Insight
Regional Winter Draws Emerge, but U.S. Propane Stocks Stay Elevated
Propane draws are emerging where winter demand matters most, but overall U.S. supply remains comfortable.
- Analyst Insight
U.S. Propane Stocks Show Modest Draw as Regional Imbalances Deepen
U.S. propane inventories edged lower, but PADD 3 remains heavily oversupplied as PADD 1 inventories fall to multi-year lows. The widening regional gap continues to shape the market narrative.
