The EIA reported total U.S. propane/propylene inventories built by 1.6 MMbbl for the week ended June 14, well below industry expectations of 2.26 MMbbl and the average for the past five years. Storage is 8% lower than the same time last year.
Purity propane stocks reported by the EIA were at 45.2 MMbbl, or 63% of total U.S. inventories, up 1.2 MMbbl from the prior period.
