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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 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
000 bbl Current Week
Current week 3,074
Last week 3,349 -275 -8.2%
4 weeks ago 3,966 -892 -22.5%
Year ago 5,267 -2,193 -41.6%
52 week average 3,835 -761 -19.9%
Source: US Energy Information Administration

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