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NGLs Week

NGLs Week Newsletter  

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 for tenth straight week

Houston, March 8, 2017 (PCW) -- US nonfuel use propylene inventories fell 142,000 bbls (5.7%) to 2.371 million bbls, the Energy Department reported today. Inventories have been declining since late December, but the latest drop was the smallest in six weeks, according to the department's Energy Information Administration. Meanwhile, US Gulf refinery utilization increased 0.8 percentage point to 88.8%, after bottoming out in mid-February. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,371
Last week 2,513 -142 -5.7%
4 weeks ago 3,547 -1,176 -33.2%
Year ago 2,825 -454 -16.1%
52 week average 3,421 -1,050 -30.7%
Source: US Energy Information Administration

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