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US nonfuel use propylene supplies rise to highest since early 2017
HOUSTON, November 7, 2018 (PCW) -- US nonfuel use propylene inventories shot up for a fourth straight week, rising 505,000 barrels to 3.728 million barrels last week, the EIA said today. It was the largest weekly inventory build in over a year, and it brought propylene stocks to their highest level since January 2017. Propylene inventories have risen in eight of the past twelve weeks and are up nearly 1.7 million barrels over the past four weeks. Meanwhile, US Gulf refinery utilization was up 0.2 percentage point at 96.7%. -- David Barry
|US Nonfuel Use Propylene Inventories|
|4 weeks ago||2,038||1,690||82.9%|
|52 week average||2,754||974||35.4%|
|Source: US Energy Information Administration|