Bottom Line: RBN Energy’s weekly propane market update notes that total U.S. propane inventories built by almost 1.6 million barrels last week, well above industry estimates and above the five-year average for a second consecutive week.
RBN Energy notes that with exports down and production relatively unchanged from last week, it’s not completely clear what is driving the strong weekly stock builds.
To access the full weekly report, visit NPGA’s Inventory Trends section (requires an NPGA username and password for access.) Questions? Contact NPGA’s Lesley Garland.
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