The EIA reported a second consecutive strong build, with inventories rising by 3 MMbbl—exceeding industry expectations of 2.7 MMbbl and the average build for the week of 2 MMbbl. Total U.S. propane stocks are now at 75.7 MMbbl, matching levels from the same week in 2024 but 5.5 MMbbl, or 7%, less than the 5-year maximum. Inventories are 6.9 MMbbl, or 10%, above the 5-year average.

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