The EIA reported that total U.S. propane/propylene inventories had a strong build of 3.1 MMbbl for the week ended May 5, the third-largest increase in the last 10 years for the reporting period and well above industry expectations for a 1.3 MMbbl build. Total U.S. propane stocks are now at 61.4 MMbbl, which is 14.4 MMbbl, or 31%, above the 5-year average.
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- Analyst Insight
US Propane/Propylene Stocks See Small Draw in Week Ended April 5
US propane/propylene stocks see small draw in week ended April 5
- Analyst Insight
U.S. Propane Stocks Show Small Draw in Week Ended March 29
U.S. propane stocks show small draw in week ended March 29
- Analyst Insight
Total Propane Inventories Down with PADD 1 Stocks Below 5-Year Minimum
PADD 1 propane inventories fall 24% below the 5-year minimum, raising concerns about supply constraints if cold weather persists.
