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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 increase for second straight week

HOUSTON, July 7, 2016 (PCW) -- US nonfuel use propylene inventories grew 77,000 bbl (2.4%) to 3.344 million bbl, the Energy Department reported today. It was the second consecutive inventory build, and four of the last ten weeks have shown higher inventories, according to the department's Energy Information Administration. US Gulf refinery utilization slipped 0.3 percentage point to 92%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 3,344
Last week 3,267 77 2.4%
4 weeks ago 3,587 -243 -6.8%
Year ago 5,308 -1,964 -37.0%
52 week average 3,760 -416 -11.1%
Source: US Energy Information Administration

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