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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 decline

HOUSTON, July 13, 2016 (PCW) -- US nonfuel use propylene inventories fell 99,000 bbl (3%) to 3.245 million bbl, the Energy Department reported today. The drop erases some of the gains made over the previous two weeks, and six of the past ten weeks have seen inventory draws, according to the department's Energy Information Administration. US Gulf refinery utilization edged up 0.6 percentage point to 92.6%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 3,245
Last week 3,344 -99 -3.0%
4 weeks ago 3,349 -104 -3.1%
Year ago 5,144 -1,899 -36.9%
52 week average 3,724 -479 -12.9%
Source: US Energy Information Administration

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