New From PetroChem Wire . . . .
PetroChem Wire and Genscape have partnered to create NGLs Week, a 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.
For more information,
US nonfuel use propylene supplies drop for second week
HOUSTON, June 2, 2016 (PCW) -- US nonfuel use propylene inventories fell 107,000 bll (-2.7%) to 3.859 million bbl, the Energy Department reported today. It was the second consecutive weekly drop, and the past 10 weeks have been evenly split between inventory builds and draws, according to the department's Energy Information Administration. Gulf Coast refinery utilization was down 0.8 percentage point at 90.9%. -- David Barry
|US Nonfuel Use Propylene Inventories|
|4 weeks ago||3,670||189||5.1%|
|52 week average||3,951||-92||-2.3%|
|Source: US Energy Information Administration|