Weekly exports of propane reported by the EIA were stronger than the prior reporting week at about 2.2 MMb/d, up 842 Mb/d, and above the four-week average of 1.8 MMb/d. Exports increased by 842 Mb/d to 2,248 Mb/d. It also exceeds the 4-week average of 1,825 Mb/d and the 1,858 Mb/d reported in the year-ago week. This increase marks the highest export level recorded so far this year.
Featured Articles
- Analyst Insight
Total Propane Inventories Down with PADD 1 Stocks Below 5-Year Minimum
PADD 1 propane inventories fall 24% below the 5-year minimum, raising concerns about supply constraints if cold weather persists.
- Analyst Insight
U.S. Propane Inventories Mirror 2023 With Record High Production and Strong Exports
U.S. Propane stocks draw less than industry expectations by 1.6 MMbbl with production ramping up to record high.
- Analyst Insight
U.S. Propane Stocks Draw Significantly Below Expectations and Exports Rise
Propane stocks draw 2.7 MMbbl less than industry expectations and exports return to strong rate of 2.1 MMb/d.