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US nonfuel use propylene inventories drop to lowest level since October 2014
Houston, March 2, 2016 (PCW) -- US nonfuel use propylene inventories fell 236,000 bbl (7.5%) to 2.891 million bbl, the Energy Department reported today. It was the lowest level since October 2014, and the biggest weekly drop in about three months, according to the department's Energy Information Administration. Meanwhile, Gulf Coast refinery utilization was up 2 percentage points at 88.3%, the highest level since early January. -- David Barry
|US Nonfuel Use Propylene Inventories|
|4 weeks ago||3,198||-307||-9.6%|
|52 week average||4,258||-1,367||-32.1%|
|Source: US Energy Information Administration|