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Canadian propane inventories up almost 12% in May: NEB data
HOUSTON, May 17, 2016 (PCW) -– Canadian propane underground inventories rose nearly 12% to around 3.93 million barrels in May compared to the prior month, marking the first build of the year, NEB data showed.
Western Canadian levels increased 14.4% to 2.08 million barrels in May, nearly 2.77 million barrels above the year-ago level. Eastern Canadian stockpiles was up about 21.5% at 1.85 million barrels, increasing 327,000 barrels from April and down nearly 808,000 barrels from the year-ago period, the data showed. -- Samantha Hartke