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US nonfuel use propylene inventories climb for sixth week
HOUSTON, August 15, 2018 (PCW) -- US nonfuel use propylene inventories were up 110,000 barrels (3.9%) at 2.957 million barrels for the week ended August 10 as Gulf Coast refineries processed record amounts of crude oil, the EIA said today. It was the highest inventory level recorded since early June, and was 170,000 barrels (6.1%) higher than a year ago. Propylene inventories have increased in seven of the past twelve weeks.
Meanwhile, US Gulf refinery throughput was up 2.4 percentage points at 99.7%, representing an all-time high for crude oil and gross weekly inputs for US refineries. -- David Barry
|US Nonfuel Use Propylene Inventories|
|4 weeks ago||2,532||425||16.8%|
|52 week average||2,831||126||4.4%|
|Source: US Energy Information Administration|