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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 most since December

HOUSTON, April 19, 2017 (PCW) -- US nonfuel use propylene inventories increased by 141,000 bbls   (5.9%) to 2.523 million bbls for the week ending Apr 14, the Energy Department reported today. It was the largest weekly gain since December 2016, according to the department's Energy Information Administration. Inventories are still 780,000 bbls below the 52-week average of 3.303 million bbls. Last week, US Gulf refinery utilization was up 3.8 percentage points at 93.4%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,523
Last week 2,382 141 5.9%
4 weeks ago 2,450 73 3.0%
Year ago 3,902 -1,379 -35.3%
52 week average 3,303 -780 -23.6%
Source: US Energy Information Administration

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