The EIA reported total U.S. propane/propylene inventories had a build of 3.2 MMbbl for the week ended August 29, which was more than industry expectations for an increase of 2.1 MMbbl and the average build for the week of 2.4 MMbbl. Total U.S. propane stocks are now at 96.1 MMbbl, which is 438 Mbbl, or 1% more compared to the same week in 2024 and 151 Mbbl, or 1%, less than the 5-year maximum. Inventories are 8.9 MMbbl, or 11%, above the 5-year average. If storage continues to build at a five-year average rate, storage levels could peak at 103 MMbbl by late-October.

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