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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 rise to highest level since May

HOUSTON, July 6, 2017 (PCW) -- US nonfuel use propylene inventories gained 108,000 bbls (3.9%) to 2.906 million bbls for the week ending June 30, the Energy Department reported today. It was the first significant increase since early May, according to the department's Energy Information Administration. Propylene stocks were still 252,000 bbls (8%) below the 52-week average. Meanwhile, US Gulf refinery utilization last week climbed 1.4 percentage points to 95.1%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,906
Last week 2,798 108 3.9%
4 weeks ago 2,794 112 4.0%
Year ago 3,344 -438 -13.1%
52 week average 3,158 -252 -8.0%
Source: US Energy Information Administration

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