The EIA reported total U.S. propane/propylene inventories increased by 819 Mbbl for the week ended February 27, a sharp contrast to industry expectations for a 1.3 MMbbl draw and the average draw of 1.9 MMbbl for the week. The build — largely driven by increases in PADD 3 — was the largest for this reporting week since our records began in 2011. Total inventories were 51% higher than the same period last year, with U.S. propane/propylene stocks now at 73.4 MMbbl, or 24.7 MMbbl (51%) above the same week in 2025, 13.3 MMbbl (22%) above the five-year maximum, and 26 MMbbl (55%) above the five-year average.
Featured Articles
- Analyst Insight
U.S. Propane Inventories Build as Gulf Coast Stocks Hit Records and Exports Decline
U.S. propane inventories rose in the final week of December, with Gulf Coast stocks reaching record levels.
- Analyst Insight
Propane Sees Record Production and Elevated Inventories as Export Constraints Emerge
Record production, strong inventories, and rising prices for propane while exports ease and regional tightness remains.
- Analyst Insight
Propane Inventories Build Against Expectations as Production Nears Record High
Unexpected U.S. propane inventory build, elevated stock levels, production nearing record highs, and softer exports week over week.
