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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 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
000 bbl Current Week
Change
Percentage
change
Current week 3,349
Last week 3,587 -238 -6.6%
4 weeks ago 3,992 -643 -16.1%
Year ago 5,367 -2,018 -37.6%
52 week average 3,878 -529 -13.6%
Source: US Energy Information Administration

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