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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 gain for first time in eight weeks

HOUSTON, August 31, 2016 (PCW) -- US nonfuel use propylene inventories edged up 6,000 bbls (0.3%), their first increase in 8 weeks, the Energy Department reported today. Inventories are 52% lower than a year ago, and have fallen for seven of the past ten weeks, according to the department's Energy Information Administration. US Gulf refinery utilization last week was up 0.4 percentage points at 92.7%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,203
Last week 2,197 6 0.3%
4 weeks ago 2,814 -611 -21.7%
Year ago 4,612 -2,409 -52.2%
52 week average 3,434 -1,231 -35.8%
Source: US Energy Information Administration

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