Canada's primary underground propane inventories decreased by 4.2% in November, according to the Canada Energy Regulator. The total represented a month-to-month decrease of 68.9 Mcm. Compared to a year earlier, stocks were lower, with 233.2 Mcm, or 12.8%, less product on hand.
Propane storages in the West started November a bit lower at 1089.7 Mcm, which corresponds to 6.9 MMbbl, the agency reported. From October to November, volumes decreased by 24.8 Mcm, or 2.2%, and were 48.3 Mcm less the year prior's level of 1138.0 Mcm.