The EIA reported that total U.S. propane/propylene inventories had a draw of 597 Mbbl for the week ended April 28, well below industry expectations for a 1.5-MMbbl build. Total U.S. propane stocks are now at 58.3 MMbbl, which is 13.2 MMbbl, or 29%, above the 5-year average.
Featured Articles
- Analyst Insight
U.S. Propane Inventories Climb Despite Industry Forecast for a Withdrawal
Storage levels jumped 982 Mbbl last week, defying industry forecasts for a drawdown.
- Analyst Insight
PADD 1 Inventories Drop in Unseasonal Propane Draw
Mid-July propane draw in PADD 1? Not exactly what you'd expect this time of year.
- Analyst Insight
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.
