The EIA reported total U.S. propane/propylene inventories built by 2.3 MMbbl for the week ended June 28, which was slightly above industry expectations for an increase of 1.99 MMbbl and the 2 MMbbl average build for the week. This week’s storage is 6.5% lower than the same time last year. Purity propane stocks reported by the EIA were at 47.8 MMbbl, or 63% of total U.S. inventories, up 1.3 MMbbl from the prior period.
Featured Articles
- Analyst Insight
U.S. Propane Inventories Build Slightly Above Expectations While Exports Take a Dive
Propane exports down 337 Mbbl/d from last week as stocks build on par with the weekly average.
- Analyst Insight
U.S. Propane Inventories Build as Exports Fall From Previous Week
Propane inventories build below industry expectations while exports remain robust.
- Analyst Insight
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.
