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NGLs Week

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US nonfuel use propylene stock drawdown continues

HOUSTON, December 2, 2015 (PCW) -- US nonfuel use propylene inventories fell 307,000 bbl (9%) to 3.091 million bbl, the Energy Department reported today. The three largest weekly inventory draws in the past year have occurred over the past five weeks, the department's Energy Information Administration said. Stocks are now more than 1.36 million bbl (30.6%) below the 52-week average. --David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Current week 3,091
Last week 3,398 -307 -9.0%
4 weeks ago 3,731 -640 -17.2%
Year ago 3,044 47 1.5%
52 week average 4,451 -1,360 -30.6%
Source: US Energy Information Administration