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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- Analyst Insight
U.S. Propane Stocks Build Falls Short of Industry Expectations; Exports Slip
Propane stocks build — but not as much as expected. Exports slip below recent averages.
- Analyst Insight
PADD 1 Propane Draw Bucks Seasonal Norms
Summer propane draw in PADD 1? Yep, that just happened.
U.S. build came in light, and the East Coast is dipping into stocks early.
Winter’s already giving us side-eye.
- Analyst Insight
Propane Days Supply Hit Record High
Propane inventories rose again, beating expectations for the fourth straight week. Days of supply without exports hit a record 142 days—27% above the 5-year high.