The EIA reported total U.S. propane/propylene inventories had a build of 982 Mbbl for the week ended March 28, which was more than industry expectations for a draw of 240 Mbbl and the average draw for the week of 192 Mbbl. Total U.S. propane stocks are now at 44.1 MMbbl, which is 7.7 MMbbl, or 15%, less than the same week in 2024 and 15 MMbbl, or 25%, less than the 5-year maximum. Inventories are 3.9 MMbbl, or 8%, below the 5-year average.
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- Analyst Insight
Propane Inventories Fall by 3.44 MMbbl, Week's Largest Drop in Last 10 Years
U.S. propane/propylene stocks saw a record withdrawal for the same week in the past decade of 3.4 MMbbl.
- Analyst Insight
Propane Exports Reach Year-to-Date Peak
U.S. propane exports soar to 2.2 MMb/d, marking a year-to-date peak with a surge of 842 Mb/d from the previous week.
- Analyst Insight
Propane Inventories Continue to Build in PADD 1 and Exports Fall to Lowest Level
PADD 1 propane stocks built for a second week after an import boost
