The EIA reported that total U.S. propane/propylene inventories fell by 1.8 MMbbl for the week ended December 1, which was above average industry expectations for a draw of 1.4 MMbbl and above the 1.2 MMbbl average decline for the week. Total U.S. propane stocks now stand at 96.9 MMbbl, which is 13.8 MMbbl, or 16.6%, above the 5-year average.
Featured Articles
- Analyst Insight
U.S. Propane Weekly Inventories Draw by 2.2 MMbbl as EIA Issues Notification of Errors in PADD 2
U.S. propane inventories draw about 700 Mbbl more than industry expectations while the EIA identifies errors in PADD 2 stocks affecting various calculations.
- 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
U.S. Propane Weekly Inventories Draw More Than Industry Expectations as Exports Remain Strong
U.S. propane inventories draw 700 Mbbl more than industry expectations with PADD 3 having the largest decline while exports remained robust at 1,893 MMbbl/d.
