The EIA reported a 42 Mbbl withdrawal in U.S. propane/propylene inventories for the week ended November 14, a smaller draw than both industry expectations for a 688 Mbbl decline and the 644 Mbbl average pull for the week. Even so, total inventories stand at 105.4 MMbbl, which is 7.7 MMbbl (8%) above the same week in 2024 and 6.8 MMbbl (7%) above the 5-year maximum. Stocks also remain 14.8 MMbbl (16%) above the 5-year average, underscoring a still-comfortable supply cushion heading into the heating season.
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- Analyst Insight
U.S. Propane Inventories Stay Elevated with Gulf Coast Stocks Pushing Higher
Elevated stocks, growing Gulf Coast volumes, and solid exports — this week’s propane snapshot is in.
- Analyst Insight
U.S. Propane Production Sets New Record; PADD 2 Inventories Push Higher
Record U.S. propane production, strong exports, and rising PADD 2 stocks — the market stays long as winter demand builds.
- Analyst Insight
Production Power: Record Output Steadies Propane Heading Into Winter
A bigger-than-expected draw, record-high production, and inventories still well above norms — propane balances remain strong even as winter ramps up.