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US nonfuel use propylene supplies drop for fifth straight week
HOUSTON, June 22, 2016 (PCW) -- US nonfuel use propylene inventories fell 275,000 bbl (8.2%) to 3.074 million bbbl, the Energy Department reported today. It was the fifth consecutive weekly drop, and 8 of the past 10 weeks have seen inventories decline, according to the department's Energy Information Administration. Last week's Gulf Coast refinery utilization edged up 0.8 percentage point to 91.5%. -- David Barry
|US Nonfuel Use Propylene Inventories|
|4 weeks ago||3,966||-892||-22.5%|
|52 week average||3,835||-761||-19.9%|
|Source: US Energy Information Administration|