The EIA reported total U.S. propane/propylene inventories had a withdrawal of 4.8 MMbbl for the week ended January 31, which was more than industry expectations for a decrease of 3.5 MMbbl and above the average draw for the week of 3.2 MMbbl. Total U.S. propane stocks are now at 61.4 MMbbl, which is 852 Mbbl, or 1.4%, above the same week in 2024 but 17 MMbbl, or 21%, less than the 5-year maximum. Inventories are 835 Mbbl, or 1%, below the 5-year average.
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- Analyst Insight
Propane Inventories Continue to Build in PADD 1 and Exports Fall to Lowest Level
PADD 1 propane stocks built for a second week after an import boost
- 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.
- Analyst Insight
Propane Exports Reach Year-to-Date Peak
U.S. propane exports soar to 2.2 MMb/d, marking a year-to-date peak with a surge of 842 Mb/d from the previous week.
