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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 have biggest gain since April

HOUSTON, September 28, 2016 (PCW) -- US nonfuel use propylene inventories junped 366,000 bbls  (15%) to 2.771 million bbls for the week ended Sept. 23, the Energy Department reported today. It was the largest weekly gain since April, bringing inventories up 26% over the past four weeks, according to the department's Energy Information Administration.

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Change
Percentage
change
Current week 2,771
Last week 2,405 366 15.2%
4 weeks ago 2,203 568 25.8%
Year ago 4,687 -1,916 -40.9%
52 week average 3,277 -506 -15.5%
Source: US Energy Information Administration

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