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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 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
000 bbl Current Week
Change
Percentage
change
Current week 3,824
Last week 4,125 -301 -7.3%
4 weeks ago 4,642 -818 -17.6%
Year ago 3,198 626 19.6%
52 week average 3,432 392 11.4%
Source: US Energy Information Administration

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