The EIA reported that total U.S. propane/propylene inventories had a build of 970 Mbbl for the week ended May 2. That was less than industry expectations for an increase of 1.8 MMbbl and the average build for the week of 1.8 MMbbl. Total U.S. propane stocks are now at 48.2 MMbbl, 10.9 MMbbl, or 19%, less than the same week in 2024 but 6.7 MMbbl, or 16%, more than the 5-year minimum. Inventories are 4.9 MMbbl, or 9%, below the 5-year average.
Featured Articles
- Analyst Insight
U.S. Propane Stocks Build but Come in Below Expectations
U.S. propane inventories posted a modest build last week—falling short of expectations and typical seasonal trends.
- Analyst Insight
PADD 1 Propane Stocks Show Unseasonal Weekly Draw
East Coast propane supplies just took an unexpected hit—stocks fell by 441 Mbbl to 3.8 MMbbl. RBN’s on high alert as inventories now sit well below seasonal norms. Stay tuned.
- Analyst Insight
U.S. Propane Inventories Climb Despite Industry Forecast for a Withdrawal
Storage levels jumped 982 Mbbl last week, defying industry forecasts for a drawdown.
