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NGLs Week

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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 rise for third straight week

HOUSTON, September 14, 2016 (PCW) -- US nonfuel use propylene inventories increased 48,000 bbls (2.1%) to 2.372 million bbls, the Energy Department reported today. It was the third straight increase, bringing inventories to levels not seen since late July, according to the department's Energy Information Administration. Meanwhile, US Gulf refinery utilization fell 0.7 percentage point to 92.4%. US Gulf refinery crude oil throughput has averaged 93.1% of capacity so far in 3Q. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,372
Last week 2,324 48 2.1%
4 weeks ago 2,283 89 3.9%
Year ago 4,429 -2,057 -46.4%
52 week average 3,355 -983 -29.3%
Source: US Energy Information Administration

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