The EIA reported total U.S. propane/propylene inventories had a build of 2.3 MMbbl for the week ended April 18, surpassing industry expectations of a 1.3 MMbbl increase and the average build for the week of 1.2 MMbbl. Total U.S. propane stocks are now at 46.6 MMbbl, 10 MMbbl, or 18%, less than the same week in 2024 but 7.4 MMbbl, or 19%, more than the 5-year minimum. Despite the recent build, inventories remain 3.9 MMbbl, or 8%, below the 5-year average.
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- Analyst Insight
U.S. Propane Inventories Draw In-Line with Industry Expectations as Exports Remain Robust
U.S. propane inventories draw well below the average weekly draw of 3.1 MMbbl while exports remain strong at 1.9 MMbbl/d.
- Analyst Insight
PADD 3 Propane Posts Surprise Draw
PADD 3 propane inventories took a surprise turn this week with an unseasonal draw. Summer slowdown or just a blip?
- 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.
