Total U.S. propane/propylene inventories climbed to another record high, according to the latest EIA weekly data. The agency reported that stocks increased by 413 Mbbl for the week ended October 31, exceeding industry expectations for a 250 Mbbl build and contrasting with the average draw of 357 Mbbl typically seen for this period. Total inventories reached 106.1 MMbbl, 5.6 MMbbl, or 6%, higher than the same week in 2024 and above the five-year maximum. Inventories were also 14.4 MMbbl, or 16%, above the five-year average. This marks the fifth record high in the past eight weeks, highlighting the continued strength of supply and robust storage levels heading into the winter season.
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