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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 for fifth straight week

HOUSTON, May 17, 2017 (PCW) -- US nonfuel use propylene inventories last week increased 10,000 bbls (0.3%) to 3.157 million bbls, the Energy Department reported today. It was the fifth consecutive inventory build, but a much smaller gain  than the four preceding weeks, according to the department's Energy Information Administration. Inventories are just 82,000 bbls below the 52-week average of 3.239 million bbls. Meanwhile, US Gulf refinery utilization last week jumped 3.1 percentage points to 96.5%, setting a new record for crude oil throughput in PADD 3. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 3,157
Last week 3,147 10 0.3%
4 weeks ago 2,523 634 25.1%
Year ago 3,992 -835 -20.9%
52 week average 3,239 -82 -2.5%
Source: US Energy Information Administration

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