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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 for fifth straight week

HOUSTON, August 10, 2016 (PCW) -- US nonfuel use propylene inventories fell 209,000 bbls (7.4%) to 2.605 million bbls, the Energy Department reported today. Inventories have fallen for eight of the past 10 weeks and are down 20% over the past four weeks, according to the department's Energy Information Administration. US Gulf refinery utilization was up 1.1 percentage points at 94.3%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,605
Last week 2,814 -209 -7.4%
4 weeks ago 3,245 -640 -19.7%
Year ago 4,680 -2,075 -44.3%
52 week average 3,568 -963 -27.0%
Source: US Energy Information Administration

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