The EIA reported that total U.S. propane inventories increased by 2.7 MMbbl for the week ended July 7. The build was in line with industry expectations for an increase of 2.7 MMbbl and 0.7 MMbbl more than the 2 MMbbl average build for the week. Total U.S. propane stocks are now at 83.8 MMbbl, which is 18.6 MMbbl, or 28%, above the 5-year average.
Featured Articles
- Analyst Insight
U.S. Weekly Propane Inventories Increase 1 MMbbl Over Industry Expectations and the Average Build for the Week
U.S. propane inventories increase by 2.9 MMbbl, highest for the week over the last 10 years with PADD 1 having the largest weekly build on record.
- Analyst Insight
U.S. Propane Stocks Build Below Expectations While Exports Skyrocket to an All-Time High
U.S. propane inventories built 1.4 MMbbl below industry expectations while exports soar by 812 Mbbl/d to a record high of 2.04 MMbbl/d.
- Analyst Insight
U.S. Propane/Propylene Storage Spikes Past Expectations
Boom: +4 MMbbl propane build.
