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NGLs Week

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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 to highest level since mid-February

HOUSTON, March 29, 2017 (PCW) -- US nonfuel use propylene inventories gained 64,000 bbls (2.6%) to 2.514 million bbls for the week ending March 24, the Energy Department reported today. It was the third consecutive inventory build, according to the department's Energy Information Administration, and it came as refinery utilization continued a recovery from the spring maintenance season. US Gulf refinery utilization was up 2.9 percentage points at 91.9% last week, the highest level since early January. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Current week 2,514
Last week 2,450 64 2.6%
4 weeks ago 2,513 1 0.0%
Year ago 3,283 -769 -23.4%
52 week average 3,383 -869 -25.7%
Source: US Energy Information Administration

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