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US nonfuel use propylene inventories drop for fifth straight week
HOUSTON, February 1, 2017 (PCW) -- US nonfuel use propylene inventories fell by 301,000 bbls (7.3%) to 3.824 millions bbls, the fifth consecutive inventory draw, the Energy Department reported today. It was the first inventory report below 4 million bbls since early November 2016, according to the department's Energy Information Administration. US Gulf refinery utilization during the week ended January 27 was down 0.2 percentage point at 87.2%.
|US Nonfuel Use Propylene Inventories|
|4 weeks ago||4,642||-818||-17.6%|
|52 week average||3,432||392||11.4%|
|Source: US Energy Information Administration|