The EIA reported total U.S. propane/propylene inventories built by 1.9 MMbbl for the week ended July 19, which was lower than industry expectations for an increase of 2.4 MMbbl but about 0.5 MMbbl above the average for this time of year. Purity propane stocks reported by the EIA were at 56.4 MMbbl, or 67% of total U.S. inventories, up 3.1 MMbbl from the prior period.
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Record High Weekly Build for U.S. Propane Inventories
Propane exports drop due to Beryl pushing inventories to a record high.
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U.S. Propane Inventories Build By 2.54 MMbbl, On-Target With Industry Expectations
U.S. propane inventories build in line with industry expectations as exports fall from the prior week.
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U.S. Propane Stocks Build 1.4 MMBbbl Less Than Industry Expectations While Exports Remain Strong
U.S. propane inventories built by just under 1 MMbbl, well below industry expectations, with exports tracking the 4-week average.
