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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 drop to lowest level since October 2014

HOUSTON, August 3, 2016 (PCW) -- US nonfuel use propylene inventories fell 84,000 bbls (2.9%) to 2.814 million bbls, the Energy Department reported today. It was the lowest inventory reading since October 2014, according to the department's Energy Information Administration. Propylene inventories have fallen for eight of the past ten weeks. US Gulf refinery utilization was down 0.2 percentage point at 93.2%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,814
Last week 2,898 -84 -2.9%
4 weeks ago 3,344 -530 -15.8%
Year ago 4,798 -1,984 -41.4%
52 week average 3,608 -794 -22.0%
Source: US Energy Information Administration

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