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NGLs Week

NGLs Week Newsletter  

NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

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US nonfuel use propylene supplies gain for sixth week in seven

HOUSTON, October 13, 2016 (PCW) -- US nonfuel use propylene inventories rose by 36,000 bbls (1.3%) to 2.775 million bbls, the Energy Department reported today. The increase erased a modest drop in the previous week, and was the sixth weekly gain over the past seven weeks, according to the department's Energy Information Administration. The propylene inventory build came despite seasonal refinery maintenance, with US Gulf refinery utilization dropping 3.4 percentage points to 89.4% last week. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,775
Last week 2,739 36 1.3%
4 weeks ago 2,372 403 17.0%
Year ago 4,386 -1,611 -36.7%
52 week average 3,213 -438 -13.6%
Source: US Energy Information Administration

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