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NGLs Week

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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 rise, erasing previous week's draw

HOUSTON, July 19, 2017 (PCW) -- US nonfuel use propylene inventories increased by 89,000 bbls (3.2%) to 2.912 million bbls for the week ending July 14, recovering all of the previous week's draws, the Energy Department reported today. It was the fifth inventory build over the past ten weeks, according to the department's Energy Information Administration. Propylene stocks were 233,000 bbls (7.4%) below the 52-week average. Meanwhile, US Gulf refinery utilization was down 0.7 percentage point at 96%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,912
Last week 2,823 89 3.2%
4 weeks ago 2,807 105 3.7%
Year ago 3,163 -251 -7.9%
52 week average 3,145 -233 -7.4%
Source: US Energy Information Administration

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