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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 drop for second week

HOUSTON, September 20, 2017 (PCW) -- US nonfuel use propylene inventories fell 196,000 bbls (5.8%) to 3.182 million bbls, the Energy Department reported today. It was the second consecutive weekly inventory draw, and the fourth drop in ten weeks, according to the department's Energy Information Administration. Propylene inventories are still 358,000 bbls (12.7%) higher than four weeks ago because of a large increase in the week following Hurricane Harvey's landfall. US Gulf refinery utilization last week rebounded 12.7 percentage points to 73%. -- David Barry

US Nonfuel Use Propylene Inventories
000 bbl Current Week
Current week 3,182
Last week 3,378 -196 -5.8%
4 weeks ago 2,824 358 12.7%
Year ago 2,405 777 32.3%
52 week average 3,236 -54 -1.7%
Source: US Energy Information Administration

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