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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 gain most since September

HOUSTON, December 20, 2017 (PCW) -- US nonfuel use propylene inventories rose 104,000 barrels (4.2%) last week to 2.545 million barrels, the Department of Energy said today. The move reversed the previous week's decline and continued a two-month rangebound pattern for propylene inventories. Inventories have risen in five of the past 12 weeks, according to the the department's Energy Information Administration. Meanwhile,

US Gulf refinery utilization rates climbed 1 percentage point to 95.9%, finally returning to levels seen the week before Hurricane Harvey struck. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,585
Last week 2,481 104 4.2%
4 weeks ago 2,601 -16 -0.6%
Year ago 4,601 -2,016 -43.8%
52 week average 2,992 -407 -13.6%
Source: US Energy Information Administration

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