EIA reported total U.S. propane/propylene inventories recorded a build of 1 MMbbl for the week ended April 19, which was below the average of industry expectations for an increase of 2.4 MMbbl and the 1.1 MMbbl average build for the week. Total U.S. propane stocks stand at 56.7 MMbbl, which is 7.1 MMbbl, or 14.3%, above the 5-year average.
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- Analyst Insight
U.S. Propane Inventories Build by 2.2 MMbbl as Production Remains Strong
Propane inventories increased 300 Mbbl more than industry expectations as production came in just under the weekly record high of 2.83 MMb/d.
- Analyst Insight
US Propane/Propylene Stocks See Small Draw in Week Ended April 5
US propane/propylene stocks see small draw in week ended April 5
- Analyst Insight
All-Time High Weekly Production Drives Record Inventory Build for U.S. Propane
Record weekly inventory build for U.S. propane inventories as production reaches all-time high.
