Canada's primary underground propane inventories decreased by 7.6% in April, according to the Canada Energy Regulator (CER). The total represented a month-to-month decrease of 59.4 Mcm. Compared to a year earlier, stocks were higher, with 225.2 Mcm, or 45.7%, more product on hand.
Propane storages in the West started April a bit lower at 547.3 Mcm, which corresponds to 3.448 MMbbl, the agency reported. From March to April, volumes decreased by 14.5 Mcm, or 2.6%, and were 280.1 more the year prior's level of 267.2 Mcm.