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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 rise for first time in 11 weeks

Houston, March 15, 2017 (PCW) -- US nonfuel use propylene inventories gained 76,000 bbls (3.2%) to 2.447 million bbls for the week ending March 10, the Energy Department reported today. It was the first inventory build reported since late December, according to the department's Energy Information Administration. However, propylene stocks are 963,000 bbls (28.2%) below the 52-week average of 3.410 million bbls. US Gulf refinery utilization fell by 2.9 percentage points last week, to 85.9%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,447
Last week 2,371 76 3.2%
4 weeks ago 3,134 -687 -21.9%
Year ago 3,013 -566 -18.8%
52 week average 3,410 -963 -28.2%
Source: US Energy Information Administration

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