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NGL stocks 10.6% lower month-on-month in November: EIA data
HOUSTON, January 31, 2018 (PCW) -– Natural gas liquids stocks fell 748,000 barrels to 6.287million barrels in November compared to October, according to EIA data released Wednesday.
Propane stocks fell 350,000 barrels in November to 2.29 million barrels. Ethane inventories rose 344,000 barrels month-on-month to 1.622 million barrels in November.
Other NGLs’ stockpile data is as follows:
-- Butane: 1.482 million barrels, down 567,000 barrels from October;
-- Isobutane: down 70,000 barrels from October to 476,000 barrels;
-- Natural gasoline: 417,000 barrels, down 105,000 barrels from October.