The EIA reported that total U.S. propane/propylene inventories increased by 1 MMbbl for the week ended July 21, which was below average industry expectations for a 2.2 MMbbl gain and the 1.3 MMbbl average build for the week. Total U.S. propane stocks are now at 85.7 MMbbl, which is 17 MMbbl, or 25%, above the 5-year average.
Featured Articles
- Analyst Insight
Strong Propane Inventory Build as Stocks Increase in All Regions
U.S. propane inventories built 900 Mbbl more than industry expectations as exports remain robust.
- Analyst Insight
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?
- Analyst Insight
U.S. Propane Inventories Grew Less Than Industry Expectations Despite Weaker Exports
U.S. Propane inventories increase by 1.5 MMbbl, half the amount of industry expectations while exports drop below YTD and weekly averages.
