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US nonfuel use propylene supplies touch highest level in more than a year
HOUSTON, November 23, 2016 (PCW) -- US nonfuel use propylene inventories increased by 203,000 bbls to 4.06 million bbls, the highest level in 13 months, the Energy Department reported today. Inventories have increased for eight of the past ten weeks and are 20% higher than a year ago, according to the department's Energy Information Administration. Meanwhile, US Gulf refinery utilization last week was up 1.7 percentage points at 92.8%. -- David Barry
|US Nonfuel Use Propylene Inventories|
|4 weeks ago||3,427||633||18.5%|
|52 week average||3,187||873||27.4%|
|Source: US Energy Information Administration|