US propane supplies increase as consumption weakens

30 July 2014 18:53 Source:ICIS News

HOUSTON (ICIS)--US propane supplies strengthened for the 18th straight week, gaining 2.6% as production fell slightly from an all-time high, US Energy Information Administration (EIA) data revealed on Wednesday.

Production fell to 1.576m bbl/day for the week 25 July, down from 1.592m bbl/day.

Year on year, supplies were up by 9.6% over 61.3m bbl.

Exports were up to 435,000 bbl/day from 301,000 bbl/day a week earlier.

 

25-July

18-July

11-July

4-July

 

Propane Stocks

67.2

65.5

63.3

60.1

m bbl

Propane Consumption

946

1,039

824

733

bbl/d *

*figures in thousand bbl


By Bobbie Clark