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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 second week

HOUSTON, June 1, 2017 (PCW) -- US nonfuel use propylene inventories fell by 65,000 bbls last week to 3.033 million bbls, the second straight weekly decline, the Energy Department reported today. Propylene inventories have dropped for four of the past ten weeks, according to the department's Energy Information Administration. Meanwhile, US Gulf refinery utilization last week gained 1.2 percentage points to 97.3%.

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 3,033
Last week 3,098 -65 -2.1%
4 weeks ago 2,965 68 2.3%
Year ago 3,859 -826 -21.4%
52 week average 3,206 -173 -5.4%
Source: US Energy Information Administration

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