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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 climb for a second week

HOUSTON, August 9, 2017 (PCW) -- US nonfuel use propylene inventories last week rose by 120,000 bbls (4.3%) to 2.937 million bbls, the second consecutive increase, the Energy Department reported today. Propylene inventories have risen in six of the past ten weeks and are just 6.6% below the 52-week average, according to the department's Energy Information Administration. Gulf Coast refinery utilization slipped 0.5 percentage point to 96.5%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,937
Last week 2,817 120 4.3%
4 weeks ago 2,823 114 4.0%
Year ago 2,605 332 12.7%
52 week average 3,146 -209 -6.6%
Source: US Energy Information Administration

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