Total U.S. propane/propylene inventories increased by 3 MMbbl to 93.5 MMbbl for the week ended July 10 (red line in the chart below). Inventories remain 10.6 MMbbl, or 13%, above the same week in 2025 (blue line), 8.8 MMbbl, or 10%, above the previous five-year maximum, and 19.7 MMbbl, or 27%, above the five-year average (green line). Although inventories remain above the previous five-year maximum, that margin has narrowed steadily from 40% on April 10 to 10% for the week ended July 10.
Featured Articles
- 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
U.S. Propane Inventories Post Rare Early-July Draw
U.S. propane inventories posted a counter-seasonal draw during the week ended July 3, well below industry expectations. The decline was centered in PADD 3, where inventories recorded their largest same-week draw.
- Analyst Insight
U.S. Propane Inventories Build as Production Remains Strong
U.S. propane inventories posted the largest build for the corresponding week since our recordkeeping began in 2011, while production remained near record highs. Stocks continue to sit well above historical averages, reinforcing a well-supplied propane market.
