Canada's primary underground propane inventories decreased by 22.93% in February, Canada Energy Regulator (CER). The total represented a month-to-month decrease of 324 Mcm. Compared to a year earlier, stocks were higher, with 24.9 Mcm, or 2.34%, more product on hand.
Propane storages in the West started February lower at 756.6 Mcm, which corresponds to 4.766 MMbbl, the agency reported. From January to February, volumes decreased by 137.6 Mcm, or 15.39%, and were 182.4 Mcm more the year prior's level of 574.2 Mcm.