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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 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
000 bbl Current Week
Change
Percentage
change
Current week 4,060
Last week 3,857 203 5.3%
4 weeks ago 3,427 633 18.5%
Year ago 3,398 662 19.5%
52 week average 3,187 873 27.4%
Source: US Energy Information Administration

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