U.S. Propane Inventories Rise by 2.1 Million Barrels, Weekly Export Average Drops by 976,000 Barrels
2026-06-06 09:39
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en.Wedoany.com Reported - The U.S. Energy Information Administration (EIA) reported that for the week ending May 29, U.S. propane/propylene inventories increased by 2.1 million barrels, exceeding the industry expectation of a 1.25 million barrel increase, but falling 849,000 barrels short of the average weekly increase of 3.0 million barrels for that period. Total inventories rose to 83.3 million barrels, 21.4 million barrels higher (up 35%) than the same period in 2025, 23.0 million barrels higher (up 38%) than the five-year average, and 11.0 million barrels higher (up 15%) than the highest level for the same period in the past five years.

For the week ending May 29, the average weekly propane export volume was 1.65 million barrels per day, a decrease of 976,000 barrels per day from the previous week's 2.63 million barrels per day, marking the largest decline for a reported week in the corresponding period. Export volumes were 461,000 barrels per day lower than the four-week average of 2.11 million barrels per day, but 418,000 barrels per day higher than the 1.23 million barrels per day recorded in the same period last year. Despite the decline, exports remained above the level of the previous year.

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