The EIA reported that total U.S. propane/propylene inventories had a build of 6.8 MMbbl for the week ended May 30. This is the largest build for any week in any year since 2011 (the earliest postings on EIA’s website).   This figure was substantially higher than industry expectations for an increase of 2.6 MMbbl and above the average build for the week of 3.1 MMbbl. Even with that huge build, storage levels remain 10% below the same period last year. Total U.S. propane stocks are now at 61.9 MMbbl, which is 6.9 MMbbl, or 10%, less than the same week in 2024 and 10.4 MMbbl, or 14%, less than the 5-year maximum. Inventories are 566 Mbbl, or 1%, above the 5-year average.

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