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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 drop to lowest level since January

HOUSTON, June 27, 2018 (PCW) -- US nonfuel use propylene inventories fell 159,000 barrels to 2.539 million barrels for the week ending June 22, the EIA said today. It was the fourth consecutive inventory draw and brought propylene stocks to their lowest level since early January 2018. Propylene inventories have fallen in nine of the past twelve weeks. Meanwhile, US Gulf refinery utilization climbed 0.5 percentage point to 97.6%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,539
Last week 2,698 -159 -5.9%
4 weeks ago 2,976 -437 -14.7%
Year ago 2,798 -259 -9.3%
52 week average 2,856 -317 -11.1%
Source: US Energy Information Administration

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