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US nonfuel use propylene supplies drop for fourth week
HOUSTON, June 15, 2016 (PCW) -- US nonfuel use propylene inventories fell 238,000 bbl (6.6%) to 3.349 million bbl, the Energy Department reported today. It was the fourth consecutive weekly drop, and inventories now stand 2 million bbl below year-ago levels, according to the department's Energy Information Administration. Gulf Coast refinery utilization fell 1.3 percentage points to 90.7%. -- David Barry
|US Nonfuel Use Propylene Inventories|
|4 weeks ago||3,992||-643||-16.1%|
|52 week average||3,878||-529||-13.6%|
|Source: US Energy Information Administration|