RBN Energy Weekly Supply Update

U.S. propane inventories increased by 731 Mbbl this week, which was less than industry expectations. RBN Energy’s analysis shows total inventories at 101.4 MMbbl, with PADD 1 having the largest increase for the second consecutive week. Total propane stocks are still higher than the same week in 2022, by 22.5% and 3.5 MMbbl above the five-year maximum. Access the full weekly report to read more about the current inventory levels and likely causes, including logistics issues for different regions if supply chain stress continues. Visit NPGA’s Inventory Trends section for the full weekly report, monthly report, and data analysis.

Questions? Contact NPGA Senior Manager, Industry Affairs Twana Aiken.