U.S. Propane Stocks Build Above Industry Expectations as Exports Lag Year-Ago Levels

The EIA reported total U.S. propane/propylene inventories had a build of 2.63 MMbbl for the week ended August 15, which was more than industry expectations for an increase of 2.2 MMbbl and the average build for the week of 1.5 MMbbl. Total U.S.

US Oil and Gas Rig Count Unchanged at 539, Haynesville Climbs to Highest Level in 18 Months

US oil and gas rig count was unchanged at 539 for the week ending August 15 according to Baker Hughes.  Rigs were added in the Haynesville (+2) and Eagle Ford (+1), while the Permian (-1) and All Other (-2) both posted weekly declines.

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