New From PetroChem Wire . . . .
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.
For more information,
NGL stocks 25.4% higher month-on-month in May: EIA data
HOUSTON, July 31, 2017 (PCW) -– Natural gas liquids stocks rose 1.24 million barrels to 6.114 million barrels in May compared to April, according to EIA data released Monday.
Propane/propylene stocks rose 580,000 barrels in May to 2.478 million barrels. Ethane/ethylene inventories fell 4,000 barrels month-on-month to 811,000 barrels in May.
Other NGLs’ stockpile data is as follows:
· Butane/butylene: 1.538 million barrels, up 447,000 barrels from April;
· Isobutane/isobutylene: up 125,000 barrels from April to 686,000 barrels;
· Pentanes plus (natural gasoline): 601,000 barrels, up 92,000 barrels from April.