The EIA reported that total U.S. propane/propylene inventories had a build of 4 MMbbl for the week ended June 6, the second largest week on week increase in at least the past 10 years. This build was more than industry expectations for an increase of 2.7 MMbbl and above the average build for the week of 2.5 MMbbl. Total U.S. propane stocks are now at 66 MMbbl, which is 3.8 MMbbl, or 6%, less than the same week in 2024 and 9.5 MMbbl, or 13%, less than the 5-year maximum. Inventories are 2.6 MMbbl, or 4%, above the 5-year average.
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Propane Exports Reach Year-to-Date Peak
U.S. propane exports soar to 2.2 MMb/d, marking a year-to-date peak with a surge of 842 Mb/d from the previous week.
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U.S. Propane Exports Just Shy of All-Time High
U.S. propane inventories draw for the third consecutive week but remain above the 100-MMbbl threshold as exports remain strong, only 2% lower than the record high.
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PADD 3 Propane Posts Surprise Draw
PADD 3 propane inventories took a surprise turn this week with an unseasonal draw. Summer slowdown or just a blip?
