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NGL stocks 8.6% lower month-on-month in January: EIA data
HOUSTON, April 2, 2018 (PCW) -– Natural gas liquids stocks fell 484,000 barrels to 5.124 million barrels in January compared to December, according to EIA data released late Friday.
Propane stocks fell 200,000 barrels in January to 1.691 million barrels. Ethane inventories fell 64,000 barrels month-on-month to 1.707 million barrels in January.
Other NGLs’ stockpile data is as follows:
· Butane: 832,000 barrels, down 47,000 barrels from December;
· Isobutane: down 49,000 barrels from December to 481,000 barrels;
· Natural gasoline: 413,000 barrels, down 124,000 barrels from December.