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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 fourth week

HOUSTON, September 21, 2016 (PCW) -- US nonfuel use propylene inventories increased 33,000 bbls (1.4%) to 2.405 million bbls, the Energy Department reported today. It was the fourth straight increase, bringing inventories up 10% over the past four weeks, according to the department's Energy Information Administration. Meanwhile, US Gulf refinery utilization was down 0.2 percentage point at 92.2%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,405
Last week 2,372 33 1.4%
4 weeks ago 2,197 208 9.5%
Year ago 4,524 -2,119 -46.8%
52 week average 3,314 -909 -27.4%
Source: US Energy Information Administration

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