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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 rise for fourth straight week

HOUSTON, February 7, 2018 (PCW) -- US nonfuel use propylene inventories increased 40,000 barrels (1.4%) to 2.975 million barrels last week, the Energy Department said. It was the fourth consecutive weekly inventory build reported by the department's Energy Information Administration, although smaller than the previous two week's moves of 176,000 and 298,000 barrels. Propylene inventories have increased in seven of the past 12 weeks, and recently moved above the 52-week average, which currently stands at 2.782 million barrels. Upstream, US Gulf refinery utilization rebounded 6.1 percentage points to 92.7% last week. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,975
Last week 2,935 40 1.4%
4 weeks ago 2,458 517 21.0%
Year ago 3,547 -572 -16.1%
52 week average 2,782 193 6.9%
Source: US Energy Information Administration

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