February 2026 Canadian Propane Inventories Down From January

The February 2026 Canadian propane inventories decreased by 33.3% from January, according to the Canada Energy Regulator. The total represented a month-to-month decrease of 430.8 Mcm. Compared to a year earlier, stocks were higher with 141.1 Mcm, or 19.6%, more product on hand.

Propane storages in the West started February lower at 578.4 Mcm, which corresponds to 3.644 MMbbl, the agency reported. From January to February, volumes decreased by 260.9 Mcm, or 31.1%, and were 73.2 Mcm more the year prior’s level of 505.2 Mcm.

Propane storages in the East started February lower at 284 Mcm, commensurate with 1.789 MMbbl. This loss put propane 169.9 Mcm, or 37.4%, lower for the month, with an increase of 67.9 Mcm, or 31.4% above a year earlier.

Canadian butane inventories stood at 622 Mcm at the beginning of February, for a decrease of 46.1 Mcm, or 6.9%, from January. Like propane, the year-over-year comparison finds butane volumes to be higher than the prior year’s total, with inventories 116.1 Mcm, or 23%, above 2025.

Western butane supplies, at 436.6 Mcm, were higher by 3.7 Mcm, or 0.9%, from the previous months and were 172.3 Mcm, or 65.2%, more than last year. Eastern butane, at 185.5 Mcm, was 49.7 Mcm, or 21.1%, lower month over month, and totaled 56.1 Mcm, or 23.2%, below a year earlier.