The EIA reported that total U.S. propane/propylene inventories recorded a draw of 5.3 MMbbl for the week ended January 26, which was well above average industry expectations for a draw of 3 MMbbl and the 3.6 MMbbl average decline for the week. Total U.S. propane stocks now stand at 62.6 MMbbl, which is essentially the same as the 5-year average. Over the last 13 weeks reported by the EIA, total U.S. propane/propylene stocks have dropped by 38.6 MMbbl compared to a decline of only 14.9 MMbbl for the same period last year.
Featured Articles
- Analyst Insight
U.S. Propane Stocks Show Small Draw in Week Ended March 29
U.S. propane stocks show small draw in week ended March 29
- Analyst Insight
Greatest of All-Time! - Massive Draw for Propane Stocks as Production Plunges and Exports Soar.
Record-high draw for propane stocks as production output drops sharply and exports climb.
- Analyst Insight
U.S. Propane Weekly Inventories Draw Slightly Below Industry Expectations as PADD 1 Stocks Build Despite Strong Exports
U.S. propane inventories draw 450 Mbbl less than industry expectations as PADD 1 increases stocks and exports strengthen from the previous week to 1,787 MMbbl/d.
