The EIA reported total U.S. propane/propylene inventories recorded a build of 2.2 MMbbl for the week ended May 3, which was slightly above the average of industry expectations for an increase of 1.9 MMbbl and mostly on par with the 2.1 MMbbl average build for the week. Total U.S. propane stocks stand at 59.1 MMbbl, which is 7 MMbbl, or 13.3%, above the 5-year average. Purity propane stocks reported by the EIA were 33.4 MMbbl, or 56.5% of total U.S. inventories, up 1.8 MMbbl from the prior period.
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U.S. Propane Exports and Production Hit Record Highs While Inventories Build by 1 MMbbl
Smashing highs for U.S. propane exports and production while inventories build below industry expectations.
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U.S. Propane Inventories Build Above Expectations for the Second Week in a Row
Propane inventories continue to build above expectations with production and exports exceeding the same week last year.
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US Propane/Propylene Stocks See Small Draw in Week Ended April 5
US propane/propylene stocks see small draw in week ended April 5
