The EIA reported a build of 6.3 MMbbl in total U.S. propane/propylene inventories for the week ended July 17, well above industry expectations for a build of 2.1 MMbbl and the average build of 1.6 MMbbl for the week. It was the largest build for the same reporting week since our recordkeeping began in 2011, lifting total stocks to 99.8 MMbbl (red line in the chart below). Inventories are now 17.4 MMbbl, or 21%, above the same week in 2025 (blue line), 14.1 MMbbl, or 16%, above the previous five-year maximum, and 24.4 MMbbl, or 32%, above the five-year average (green line).
Featured Articles
- 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.
- Analyst Insight
U.S. Propane Inventories Rise as Production Trends Lower
U.S. propane inventories reached their highest level recorded for the same reporting week, led by record PADD 3 stocks, while production declined for a third consecutive week.
- Analyst Insight
Strong Supply, Softer Exports Drive Record U.S. Propane Inventories
Robust production and slower export activity pushed U.S. propane stocks to record highs last week, led by continued builds along the Gulf Coast and storage levels well above seasonal norms.
