January 2026 Canadian Propane Inventories Down From December

The January 2026 Canadian propane inventories decreased by 13.9% from December, according to the Canada Energy Regulator. The total represented a month-to-month decrease of 208.5 Mcm. Compared to a year earlier, stocks were higher, with 75.1 Mcm, or 6.2%, more product on hand.

Propane storages in the West started January lower at 839.3 Mcm, which corresponds to 5.287 MMbbl, the agency reported. From December to January, volumes decreased by 121.9 Mcm, or 12.7%, and were 99.4 Mcm more the year prior’s level of 739.9 Mcm.

Propane storages in the East started January lower at 453.9 Mcm, commensurate with 2.860 MMbbl. This loss put propane 86.6 Mcm, or 16%, lower for the month, with a decrease of 24.3 Mcm, or 5.1%, below a year earlier.

Canadian butane inventories stood at 668.1 Mcm at the beginning of January, for a decrease of 217.5 Mcm, or 24.6%, from December. Like propane, the year-over-year comparison finds butane volumes to be higher than the prior year’s total, with inventories 18 Mcm, or 2.8%, above 2025.

Western butane supplies, at 432.9 Mcm, were lower by 83.6 Mcm, or 16.2%, from the previous months and were 130.2 Mcm, or 43%, more than last year. Eastern butane, at 235.2 Mcm, was 133.9 Mcm, or 36.3%, lower month over month, and totaled 112.2 Mcm, or 32.3%, below a year earlier.