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NGLs Week

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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 rise for first time in five weeks

HOUSTON, November 8, 2017 (PCW) -- US nonfuel use propylene inventories edged up 51,000 barrels (2%) to 2.573 million barrels for the week of November 3, the Energy Department reported today. It was the first inventory build in five weeks and only the third increase in ten weeks, according to the department's Energy Information Administration. Inventories are still about 20% below the 52-week average. Meanwhile, US Gulf refinery utilization was up 1.9 percentage points at 92.3%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,573
Last week 2,522 51 2.0%
4 weeks ago 3,036 -463 -15.3%
Year ago 3,660 -1,087 -29.7%
52 week average 3,198 -625 -19.6%
Source: US Energy Information Administration

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