Bottom Line: Inventories are still above the five-year minimum. RBN Energy’s analysis shows that U.S. propane stocks fell by 311 Mbbl, which puts stocks at 87.7 MMbbl, bringing it to 13 MMbbl above the same week in 2021 and 15.7 MMbbl higher than the five-year minimum.
Access the full weekly report to read more about the current inventory levels and likely causes, including the impact on exports of ongoing lockdowns in China and the geopolitical conflict in Europe. Visit NPGA’s Inventory Trends section for the full weekly report, monthly report, and data analysis.
Questions? Contact NPGA Manager, Industry Affairs Twana Aiken.
Related News
USDA Crop Progress Report
April 25, 2024
The U.S. Department of Agriculture (USDA) Crop Report as of April 22, 2024, shows promising developments in corn and soybean planting, crucial info...
Webinar: International Market Dynamics in Propane
April 25, 2024
Join NPGA’s insightful webinar on May 16th at 2 pm ET, focusing on the complexities of international propane markets and their impact on the ...
Expo Call for Presentations
April 25, 2024
Submit your idea today! The National Propane Gas Association is now accepting education and fast track session proposals for the 2025 Southeastern ...