The EIA reported total U.S. propane/propylene inventories had a build of 1.73 MMbbl for the week ended August 22, which was less than industry expectations for an increase of 2 MMbbl and the average build for the week of 2.3 MMbbl. Total U.S. propane stocks are now at 92.9 MMbbl, which is 97 Mbbl, or less than 1% compared to the same week in 2024 and 2.5 MMbbl, or 3%, less than the 5-year maximum. Inventories are 8.9 MMbbl, or 11%, above the 5-year average.
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- Analyst Insight
U.S. Propane Inventories Rise; Exports Hold Near Recent Averages
Propane inventories tick higher (≈1% vs. last year); exports holding near recent averages.
- Analyst Insight
U.S. Propane Build Tops Industry Expectations as Exports Slip
Total U.S. propane inventories climbed last week, beating industry expectations, as exports softened.
- 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.
