The EIA reported a 2.5-MMbbl build in total U.S. propane/propylene inventories for the week ended July 24, about 510 Mbbl above industry expectations for a build of approximately 2 MMbbl. Total stocks increased to 102.3 MMbbl (red line in the chart below), the highest level recorded for the same reporting week. Inventories are now 18.8 MMbbl, or 23%, above the same week in 2025 (blue line), 13.7 MMbbl, or 15%, above the previous five-year maximum, and 24.8 MMbbl, or 32%, above the five-year average (green line).
Featured Articles
- Analyst Insight
Midwest Leads the Charge as U.S. Propane Stocks Reach Record High
U.S. propane inventories reached an all-time high as the Midwest led the weekly build and Gulf Coast stocks set a regional record.
- Analyst Insight
Gulf Coast Build Lifts U.S. Propane Stocks to New Record
U.S. propane inventories climbed to a second consecutive record as Gulf Coast and Midwest stocks accounted for approximately 92% of the weekly build. If inventories continue building at a similar pace, total stocks could approach 119 MMbbl by early October.
- Analyst Insight
U.S. Propane Build Falls Short as PADD 3 Stocks Draw
U.S. propane inventories posted a smaller-than-expected 817-Mbbl build, while PADD 3 stocks reversed course with a counter-seasonal draw—even as weekly exports declined.
