Inventory Crisis: Another April Draw
Posted on April 19, 2017
Propane inventories drew down 700,000/bbls for the week ending 4/14, according to this morning’s EIA report. This means we have DRAWN down 1.9M/bbls for the first two weeks of inventory reports for April, a...
Counter-Seasonal Draw Stokes Propane Concerns
Posted on April 12, 2017
The weekly EIA inventory report showed a 1.2M/bbl DRAW in propane inventories, pushing national levels down to 40.4M/bbls, the week ending 4/7/17. While market insiders expected to see a draw this week, actually seeing...
The Unprecedented Propane Inventory Drawdown of 2016-2017
Posted on April 6, 2017
Little more than a year ago, I was writing about ‘the amazing propane drawdown of 2015-2016′. I thought it amazing due to how much propane was ‘consumed’ in the United States in one of...
Propane Inventories Continue Downward Movements
Posted on April 5, 2017
The 2016-2017 propane season is officially in the books, with the EIA’s weekly inventory report for the week ending 3/31. The report showed a rare draw, of 1.2M/bbls and brings the national inventory level...
Propane Inventories 20M Barrels Below March of 2016
Posted on March 29, 2017
Propane inventories drew 1.5M/bbls this week, according to the EIA report just released this morning. Exports were back up to 949,000/bpd, an increase of 141,000/bpd over last week’s number. National inventory levels now sit...
Propane Barely Draws; Bulls on the Run
Posted on March 22, 2017
The market expected an inventory correction this week, following last week’s 500,000 propane inventory draw number.┬áThe market didn’t get it…instead, it went the other way, as the EIA reported a 100,000/bbl draw for the...

Get The Buzz

    • Tweets

    Copyright © 2015 Propane Buzz | All Right Reserved