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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 drop first time in six weeks

HOUSTON, December 21, 2016 (PCW) -- US nonfuel use propylene inventories fell by 51,000 bbls (1.1%) to 4.601 million bbls, the Energy Department reported today. It was the first inventory drop in six weeks, according to the department's Energy Information Administration. Propylene stocks are 1.3 million bbls (39.4%) above the 52-week average. US Gulf refinery utilization was up 1.2 percentage points to 94.2%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 4,601
Last week 4,652 -51 -1.1%
4 weeks ago 4,060 541 13.3%
Year ago 3,064 1,537 50.2%
52 week average 3,301 1,300 39.4%
Source: US Energy Information Administration

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