The EIA reported total U.S. propane/propylene inventories recorded a small draw of 105 Mbbl for the week ended April 5, which was below the average of industry expectations for an increase of 780 Mbbl and the 427 Mbbl average build for the week. Total U.S. propane stocks stand at 51.7 MMbbl, which is 4.1 MMbbl, or 8.5%, above the 5-year average.
Featured Articles
- Analyst Insight
U.S. Propane Stocks Show Small Draw in Week Ended March 29
U.S. propane stocks show small draw in week ended March 29
- Analyst Insight
U.S. Propane Inventories Draw In-Line with Industry Expectations as Exports Remain Robust
U.S. propane inventories draw well below the average weekly draw of 3.1 MMbbl while exports remain strong at 1.9 MMbbl/d.
- Analyst Insight
Weekly U.S. Propane Inventories Smash Industry Expectations
Total U.S. propane inventories had a strong build of 3.1 MMbbl, the third-largest increase in the last 10 years and well above industry expectations for a 1.3 MMbbl build.
